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Qualcomm has introduced its monetary outcomes for the Q1 of 2023, the corporate has seen income decline some 12% yr over yr for a similar quarter.
The corporate introduced income of $9.5 billion for the quarter and earnings per share of $2.37, its web earnings dropped to $22.24 billion.
Qualcomm Integrated (NASDAQ: QCOM) right this moment introduced outcomes for its fiscal first quarter ended December 25, 2022. “In a difficult surroundings, we delivered outcomes in step with steering, together with year-over-year progress in QCT Automotive and IoT,” mentioned Cristiano Amon, President and CEO of Qualcomm Integrated. “The long-term tendencies driving demand for our differentiated applied sciences and options that allow digital transformation are intact. We’re assured in our skill to navigate the close to time period and stay centered on executing our diversification technique.”
“In a difficult surroundings, we delivered outcomes in step with steering, together with year-over-year progress in QCT Automotive and IoT,” mentioned Cristiano Amon, President and CEO of Qualcomm Integrated. “The long-term tendencies driving demand for our differentiated applied sciences and options that allow digital transformation are intact. We’re assured in our skill to navigate the close to time period and stay centered on executing our diversification technique.”
You possibly can see the complete Qualcomm Q1 monetary outcomes and income info over on the firm’s web site on the hyperlink beneath.
Supply & Picture Credit score: Qualcomm
Filed Below: Expertise Information
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