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Qualcomm Announces Third Quarter Fiscal 2024 Results

Revenues: $9.4 billion
GAAP EPS: $1.88, Non-GAAP EPS: $2.33

—Greater Than 20% Year-Over-Year Growth in EBT—
—QCT Automotive: 87% Year-Over-Year Growth in Revenues—

Jul 31, 2024
SAN DIEGO

SAN DIEGO - July 31, 2024 - Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal third quarter ended June 23, 2024.

“Our third quarter results reflect strong execution of our growth and diversification strategy, with QCT quarterly revenues and EBT margins at the high end of guidance,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “We are excited about the launch of our Snapdragon X Series solutions for PCs that deliver leading performance, unmatched power efficiency and personalized AI experiences. This launch represents a significant milestone in our transformation from a communications company to a leading intelligent computing company.”

Complete Press Release

Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.

Qualcomm, Qualcomm Dragonwing and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated.

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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