Qualcomm’s first quarter adjusted revenue of $11.67 billion exceeded expectations

On February 6th, Qualcomm’s adjusted revenue for the first quarter was $11.67 billion, with an estimated revenue of $10.93 billion; The company expects to generate revenue of $10.3 billion to $11.2 billion in the second quarter, with a market estimate of $10.35 billion; The company expects adjusted earnings per share of $2.70 to $2.90 for the second quarter, with a market estimate of $2.69.

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