Qualcomm (QCOM) reports earnings July 30. Analysts eye revenue growth & EPS beats amid China risks & Apple challenges.

With an estimated revenue of $7.3B - 7.8B from Apple, assuming a 25% operating margin, which is slightly below Qualcomm's 2024 operating margin of around 26% and considering Apple's bargaining ...

Qualcomm is shifting its business strategy to reduce reliance on the smartphone segment, targeting new growth areas like PC, ...

Qualcomm (NASDAQ: QCOM) heads into its third-quarter earnings report on July 30, and Wall Street will be watching closely.

In its third-quarter guidance, Qualcomm said it’s looking for revenue of $10.3 billion at the midpoint, slightly lower than Wall Street’s forecast of $10.35 billion.

Qualcomm said that its automotive business grew a 59% on an annual basis, to $959 million in sales. Its Internet of Things business rose 27% to $1.58 billion in revenue.

Qualcomm Technology Licensing (QTL) revenues remained flat at $1.32 billion. The segment’s revenues matched our estimates of $1.32 billion. EBT margin declined to 70% from 71%. Cash Flow & Liquidity ...

However, while Qualcomm's third-quarter results were strong, the company's guidance for the December quarter, which expects mid-single-digit revenue growth, fell short of what investors hoped for.