QUALCOMM Incorporated
- Qualcomm Inc. decreased 5% to $151.10 despite the wireless technology company reporting a rise in net income in the latest quarter.
Revenue increased to $10.4 billion from $9.3 billion, net income jumped to $2.7 billion from $2.1 billion, and diluted earnings per share rose to $2.43 from $1.88 a year ago.
For the nine-month period, revenue advanced to $33 billion from $28 billion, net income soared to $8.6 billion from $7.2 billion, and diluted earnings per share edged higher to $7.79 from $6.39 a year ago.
The company guided third-quarter revenue between $10.3 billion and $11.1 billion, compared to $10.4 billion, and diluted earnings per share between $2.23 and $2.43, compared to $2.43 a quarter earlier, respectively.
During the third quarter of fiscal 2025, the company returned $3.8 billion to shareholders, comprising $967 million in cash dividends, or $0.89 per share, and $2.8 billion in share repurchases, representing 19 million shares of common stock.
Jul 31, 2025
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