Qualcomm rose nearly 5% in premarket trading

Tiger Newspress2021-04-29

Qualcomm rose nearly 5% in premarket trading, and Q2 net profit increased by 276% year-on-year to US$1.762 billion.

Qualcomm fiscal Q2 earnings beat, Q3 revenue guidance comes in slightly soft

Qualcomm(NASDAQ:QCOM)fiscal Q2 revenueof $7.94B increases 52% Y/Y, beating the consensus of $7.62B.

Non-GAAP EPS for the quarter ended March 28, 2021 rose 116% Y/Y to $1.90, easily exceeding the consensus estimate of $1.67.

QCT revenue of $6.28B, up 53% Y/Y, vs. consensus of $6.2B; handsets revenue of $4.07B, up 53%; RF front-end revenue of $903M, up 39%; automotive revenue of $240M, up 40%; and IoT revenue of $1.07B, up 71%.

QTL sales of $1.61B, up 51% Y/Y, vs. consensus of $1.35B.

Sees Q3 revenueof $7.1B-$7.9B vs. consensus of $7.13B and non-GAAP EPS of $1.55-$1.75, higher than the $1.52 consensus estimate.

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Comments

Jazling
2021-04-29
Jazling
Comment pls
Trollingck
2021-04-29
Trollingck
interesting but should i buy or sell? stocks isso hard
ProfitsAll
2021-04-29
ProfitsAll
Hope it keep up with the share price
hchan83
2021-04-29
hchan83
Super
AidenTwc
2021-04-29
AidenTwc
Wow[得意]
- ProfitsAll:
  Wait For market open
Gab_Boey
2021-04-29
Gab_Boey
Latest
- Gab_Boey:
  Tks

Leave a comment

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