Qualcomm Q4 revenue beats expectations
QCOM•Qualcomm reported fiscal Q4 revenue of $10.44 billion and adjusted EPS of $2.17, both above analyst expectations. It expects Q1 FY27 revenue of $10.4 billion to $11.2 billion.
QCOM•QCOM•QCOM•Qualcomm reported fiscal Q4 revenue of $10.44 billion and adjusted EPS of $2.17, both above analyst expectations. It expects Q1 FY27 revenue of $10.4 billion to $11.2 billion.
Qualcomm's fiscal Q4 revenue was $10.44 billion, compared with the $10.11 billion analyst consensus, and adjusted EPS was $2.17 versus estimates of $2.16. Net income was $1.25 billion, and reported EPS was $1.17.
QCT automotive revenue reached a record $2 billion, up 89% year over year. QCT handset revenue fell 26% year over year, weighing on segment performance.
Qualcomm expects Q1 FY27 revenue of $10.4 billion to $11.2 billion and QCT revenue of $9.0 billion to $9.6 billion. It anticipates the full benefit of higher product pricing in QCT gross margins in the second half of FY27.
