Earnings Report Digest

Qualcomm (QCOM) 2024 Q3 Earnings Digest


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Qualcomm's fourth-quarter and fiscal 2024 earnings report highlights significant financial growth, including record revenues of $39.0 billionEPS growth exceeding 30% year-over-year, and record operating cash flowRevenue streams are largely driven by handsets, automotive, and IoT, with automotive experiencing a particularly strong growth rate. The report also includes guidance for the first quarter of fiscal 2025, indicating continued positive momentum. Non-GAAP financial measures, including QCT and QTL segment performance, are reconciled with GAAP results to provide a more comprehensive view of the company's financial health.

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Earnings Report DigestBy ValueVerge