Earnings Details
Quarter September 2019
Wednesday, November 6, 2019 4:00:00 PM
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Qualcomm Misses

Qualcomm (QCOM) reported Quarter September 2019 earnings of $0.70 per share on revenue of $4.8 billion. The consensus earnings estimate was $0.70 per share on revenue of $4.7 billion. The Earnings Whisper number was $0.74 per share. Revenue fell 17.0% compared to the same quarter a year ago.

The company said in its full earnings release it expects first quarter non-GAAP earnings of $0.80 to $0.90 per share on revenue of $4.40 billion to $5.20 billion. The current consensus earnings estimate is $0.83 per share on revenue of $4.71 billion for the quarter ending December 31, 2019.

Qualcomm Inc develops digital communication technology called CDMA (Code Division Multiple Access), & owns intellectual property applicable to products that implement any version of CDMA including patents, patent applications & trade secrets.

Reported Earnings
Earnings Whisper
Consensus Estimate
Reported Revenue
$4.81 Bil
Revenue Estimate
$4.72 Bil
Earnings Growth
Revenue Growth
Power Rating
Earnings Release

Qualcomm Earnings Release Available on Company's Investor Relations Website

SAN DIEGO, Nov. 6, 2019 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company's financial results for its fiscal fourth quarter and year ended September 29, 2019 through an earnings release that is available on the Qualcomm Investor Relations website at http://investor.qualcomm.com/results.cfm. The earnings release will be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at http://www.sec.gov.

As previously announced, Qualcomm will host a conference call to discuss its fiscal fourth quarter and year ended September 29, 2019 results which will be broadcast live on November 6, 2019, beginning at 1:45 p.m. Pacific Time (PT) at http://investor.qualcomm.com/events.cfm. An audio replay will be available at http://investor.qualcomm.com/events.cfm and via telephone following the live call for 30 days thereafter. To listen to the replay via telephone, U.S. callers may dial (877) 660-6853 and international callers may dial (201) 612-7415. Callers should use reservation number 13695634.       

About Qualcomm
Qualcomm invents breakthrough technologies that transform how the world connects, computes and communicates. When we connected the phone to the Internet, the mobile revolution was born. Today, our inventions are the foundation for life-changing products, experiences, and industries. As we lead the world to 5G, we envision this next big change in cellular technology spurring a new era of intelligent, connected devices and enabling new opportunities in connected cars, remote delivery of health care services, and the IoT — including smart cities, smart homes and wearables. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. For more information, visit www.qualcomm.com.

Qualcomm Contact:
Mauricio Lopez-Hodoyan, Investor Relations
Phone:  1-858-658-4813
Email:  ir@qualcomm.com

Cision View original content:http://www.prnewswire.com/news-releases/qualcomm-earnings-release-available-on-companys-investor-relations-website-300953236.html

SOURCE Qualcomm Incorporated