Qualcomm Announces Third Quarter Fiscal 2023 Results
GAAP EPS: $1.60, Non-GAAP EPS: $1.87
—EPS Exceeded Midpoint of Guidance Range—
—QCT Automotive: 11 Straight Quarters of Year-Over-Year Double Digit Percentage Growth in Revenues—
SAN DIEGO - August 2, 2023 - Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal third quarter ended June 25, 2023. “We are pleased with our technology leadership, product roadmap and design-win execution, which position us well for growth and diversification in the long term,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “As AI use cases proliferate to the edge, on-device AI has the potential to drive an inflection point across all our products. Qualcomm remains best positioned to lead this transition given the unmatched accelerated computing performance with the power efficiency of our platforms.”
