Qualcomm Announces Third Quarter Fiscal 2022 Results
GAAP EPS: $3.29, Non-GAAP EPS: $2.96
—EPS Exceeded High End of Guidance Range, With Greater Than 50% Year-Over-Year Growth—
—Executed Broad Strategic Agreements With Samsung, Including Licensing and Snapdragon Platforms—
—QCT: Strong Quarterly Results Demonstrate the Success of Our Diversification Strategy—
Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal third quarter ended June 26, 2022.
“We are pleased to report strong quarterly results, with record QCT Automotive and IoT revenues in a challenging macroeconomic environment,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “We are also excited to announce the extension of our patent license agreement with Samsung and the expansion of our strategic partnership to deliver leading premium consumer experiences for Samsung Galaxy devices. Qualcomm is well positioned to be the company bringing advanced connectivity, data processing and intelligence to the edge, enabling cloud-edge convergence.”
