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Qualcomm will release its fourth-quarter financial report on November 1, and analysts expect revenue to still decline year-on-year.

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2023-10-30 14:29:091124browse

After Intel, Microsoft, Amazon, Google parent company Alphabet and other companies release their latest quarterly or fiscal quarter financial reports, there are other companies that will release financial reports in the next period of time, including Qualcomm

高通 11 月 1 日发布第四财季财报,分析师预计营收同比仍将下滑

According to Qualcomm’s official website, they will release their financial report for the fourth fiscal quarter of fiscal year 2023 as of the end of September on November 1, local time. The earnings analyst conference call will begin at 1:45 pm Pacific time on November 1, and accordingly, Beijing time will be 4:45 am on November 2

For the fourth fiscal quarter, Qualcomm announced in August In the third fiscal quarter financial report released on the 2nd, revenue was expected to be US$8.1 billion to US$8.9 billion, and earnings per share under US GAAP were expected to be US$1.37 to US$1.57.

According to expectations given by Qualcomm, their revenue in the fourth fiscal quarter will still decline year-on-year.

In the fourth quarter of fiscal year 2022, Qualcomm achieved revenue of US$11.396 billion according to U.S. GAAP, with earnings per share of US$2.54; based on non-GAAP calculations, revenue was US$11.387 billion, earnings per share of US$3.13

In addition, if Qualcomm’s revenue in the fourth fiscal quarter is at the lower limit of expected revenue, it will also decline sequentially. Their fiscal third quarter revenue was $8.451 billion on a GAAP basis and $8.442 billion on a non-GAAP basis.

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