Qualcomm beats on earnings, highlights growth in Meta smartglasses
Cristiano Amon, CEO & President, Qualcomm, on Centre Stage during day one of Web Summit 2024 at the MEO Arena in Lisbon, Portugal. Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a stronger-than-expected guide for the current quarter. Qualcomm shares slid in extended trading. Here's how the chipmaker did for the quarter ending June 29 compared to LSEG consensus expectations: Earnings per share : $2.77 adjusted versus $2.71 expected