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Qualcomm Reports $3.2 Billion Quarterly Profit
By USinMinutes - Feb 05, 2025, 04:05 PM ET
Last Updated - Feb 06, 2025, 05:15 AM EST
The company records $11.7 billion revenue for Q1 ended Dec 29, 2024
QUALCOMM INC/DE [QCOM] reported $3.2 billion profit for Q1 ended Dec 29, 2024, showing an increase of $413 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 5, 2025 that it generated revenue of $11.7 billion for the period, showing an increase of $1.7 billion in the same quarter of the previous year.
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Based in San Diego, California, the company reported $2.8 earnings per share for the period, compared to $2.5 in the last quarter.
The company's profit increased by 14.92% from $2.8 billion in the last quarter.
The revenue increased 17.44% from $9.9 billion in the same quarter of the previous year.
175.86 (2.86)
As of February 5, 2025 end of day trading.
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