Qualcomm (QCOM) reported Q4 FY 2021 earnings of $2.55 per share (versus $1.45 per share in Q4 FY 2020), beating analysts’ consensus estimate of $2.26 per share.
The company’s quarterly revenues amounted to $9.321 bln (+43.4% y/y), beating analysts’ consensus estimate of $8.843 bln.
The company also issued upside guidance for Q1 FY 2022, projecting EPS of $2.90-3.10 versus analysts’ consensus estimate of $2.59 and revenues of $10.0-10.8 bln versus analysts’ consensus estimate of $9.73 bln.
For the full FY 2022, it guided EPS to exceed +20% y/y to $10.25 versus analysts’ consensus estimate of $9.27.
QCOM rose to $149.83 (+8.20%) in pre-market trading.
