Company news: Qualcomm (QCOM) quarterly results beat analysts’ expectations

Qualcomm (QCOM) reported Q2 FY2025 earnings of $2.85 per share (versus $2.44 per share in Q2 FY2024), beating analysts’ consensus estimate of $2.82 per share.

The company’s quarterly revenues amounted to $10.979 bln (+17.0% y/y), beating analysts’ consensus estimate of $10.644 bln.

The company also issued in-line guidance for Q3 FY2025, seeing EPS of $2.60-2.80 versus analysts’ consensus estimate of $2.67 and revenues of 9.9-10.7 bln versus analysts’ consensus estimate of $10.33 bln.

QCOM fell to $140.50 (-5.36%) in pre-market trading.