04:11 PM EST, 02/05/2025 (MT Newswires) -- Qualcomm ( QCOM ) reported fiscal Q1 non-GAAP earnings late Wednesday of $3.41 per diluted share, up from $2.75 a year earlier.

Analysts polled by FactSet expected $2.96.

Revenue in the three months ended Dec. 29 rose to $11.67 billion from $9.94 billion a year earlier.

Analysts surveyed by FactSet expected $10.91 billion.

The company expects fiscal Q2 non-GAAP EPS of $2.70 to $2.90 on revenue of $10.30 billion to $11.20 billion. Analysts surveyed by FactSet project EPS of $2.69 on revenue of $10.34 billion.