Qualcomm (QCOM) Misses Q4 EPS by 2c, Guidance Misses

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Go back to Qualcomm (QCOM) Misses Q4 EPS by 2c, Guidance Misses

Qualcomm (QCOM) Stock Slides as Earnings, Guidance Disappoints

November 2, 2022 4:19 PM EDT

Shares of Qualcomm (NASDAQ: QCOM) tumbled in extended trading on Wednesday after the company posted earnings for its latest quarter, missing earnings expectations.

The semiconductor company posted fiscal Q4 earnings of $3.13 per share, $0.02 worse than the analyst estimate of $3.15, with revenue for the quarter coming in at $11.39 billion versus the consensus estimate of $11.35 billion.

Qualcomm shares are currently... More