Qualcomm (QCOM) Tops Q1 EPS by 1c, Revenue Light, Offers Guidance

Qualcomm (NASDAQ: QCOM) reported Q1 EPS of $2.37, $0.01 better than the analyst estimate of $2.36. Revenue for the quarter came in at $9.46 billion versus the consensus estimate of $9.6 billion.

GUIDANCE:

Qualcomm sees Q2 2023 EPS of $2.05-$2.25, versus the consensus of $2.26. Qualcomm sees Q2 2023 revenue of $8.7-9.5 billion, versus the consensus of $9.55 billion.

For earnings history and earnings-related data on Qualcomm (QCOM) click here.

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