The chipmaker posted revenue of $11.67 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $10.92 billion. For the current quarter ending in March, Qualcomm ...
All in all, I see potential in Qualcomm as they diversify their revenue streams, however, in the near term, the uncertainty is too high for me to initiate a position prior to Q1 earnings.
Analysts on Wall Street project that Qualcomm (QCOM) will announce quarterly earnings of $2.93 per share in its forthcoming report, representing an increase of 6.6% year over year. Revenues are ...