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Technology Stocks : Semi Equipment Analysis

SOXX 301.15

-1.2%

Dec 31 4:00 PM EST

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To: Return to Sender who wrote (92751)	7/31/2024 9:12:55 PM
From: Return to Sender	Read Replies (1) of 95656

Qualcomm beats by $0.08, beats on revs; guides Q4 EPS and revs mid points above consensus 4:08 PM ET 7/31/24 \| Briefing.com Reports Q3 (Jun) earnings of $2.33 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $2.25; revenues rose 11.2% year/year to $9.39 bln vs the $9.21 bln FactSet Consensus. Co issues in-line guidance for Q4, sees EPS of $2.45-2.65, excluding non-recurring items, vs. $2.45 FactSet Consensus; sees Q4 revs of $9.5-10.3 bln vs. $9.69 bln FactSet Consensus."Our third quarter results reflect strong execution of our growth and diversification strategy, with QCT quarterly revenues and EBT margins at the high end of guidance," said Cristiano Amon, President and CEO of Qualcomm Incorporated. "We are excited about the launch of our Snapdragon X Series solutions for PCs that deliver leading performance, unmatched power efficiency and personalized AI experiences. This launch represents a significant milestone in our transformation from a communications company to a leading intelligent computing company."

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