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Qualcomm's Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Q1 Guidance Set; Shares Rise After Hours
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Qualcomm's Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Q1 Guidance Set; Shares Rise After Hours
Nov 6, 2024 1:52 PM

04:27 PM EST, 11/06/2024 (MT Newswires) -- Qualcomm ( QCOM ) reported fiscal Q4 non-GAAP earnings late Wednesday of $2.69 per diluted share, up from $2.02 a year earlier.

Analysts polled by Capital IQ expected $2.57.

Revenue in the three months ended Sept. 29 rose to $10.2 billion from $8.67 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.93 billion.

The company expects fiscal Q1 non-GAAP EPS of $2.85 to $3.05 on revenue of $10.5 billion to $11.3 billion. Analysts surveyed by Capital IQ project EPS of $2.87 on revenue of $10.6 billion.

The company's shares rose 7.8% in recent after-hours activity.

Price: 186.50, Change: +13.51, Percent Change: +7.81

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