Qualcomm Announces First Quarter Fiscal 2022 Results
QCT: Second Consecutive Quarter of Record Results and Greater Than 60% Year-Over-Year EBT Growth
Connected Intelligent Edge Drives 41% Year-Over-Year Growth in QCT IoT Revenues
Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal first quarter ended December 26, 2021.
“Our record quarterly results reflect the strong demand for our products and technologies, with QCT revenues exceeding those of any fabless semiconductor company,” said Cristiano Amon, President and CEO of Qualcomm Incorporated.1 “We are at the beginning of one of the largest opportunities in our history, with our addressable market expanding by more than seven times to approximately $700 billion in the next decade. Our one technology roadmap positions us as the partner of choice for both mobile and the connected intelligent edge.”
