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Qualcomm Announces First Quarter Fiscal 2023 Results

Revenues: $9.5 billion

GAAP EPS: $1.98, Non-GAAP EPS: $2.37
—EPS Above Midpoint of Guidance Range—

—QCT Automotive: 58% Year-Over-Year Growth in Revenues—

—QCT IoT: 7% Year-Over-Year Growth in Revenues—
Feb 2, 2023
SAN DIEGO

SAN DIEGO - February 2, 2023 - Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal first quarter ended December 25, 2022. “In a challenging environment, we delivered results consistent with guidance, including year-over-year growth in QCT Automotive and IoT,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “The long-term trends driving demand for our differentiated technologies and solutions that enable digital transformation are intact. We are confident in our ability to navigate the near term and remain focused on executing our diversification strategy.”

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Contact Information
Brett Simpson
Investor Relations
1-858-658-4813
[email protected]
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Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our leading-edge AI, high performance, low-power computing, and unrivaled connectivity deliver proven solutions that transform major industries. At Qualcomm, we are engineering human progress.

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