Qualcomm Q4 earnings fall 9% year over year
QCOM
Statements (8)
- Bearish
Qualcomm reported a decline in revenue amid expansion in data centers
- Bearish
Qualcomm's fourth-quarter revenue fell 8% to $10.32 billion
- Bearish
Qualcomm lost more than 5 percent on Wall Street following its fourth-quarter earnings report.
- Bearish
Qualcomm's smartphone chip sales fell 26% in the fourth quarter, reducing revenue to $5.14 billion.
- Bearish
Qualcomm's fourth-quarter revenue fell 8% year over year to $10.3 billion
- Bearish
Analysts are modeling Qualcomm's fourth quarter earnings as a trough quarter.
- Bearish
Qualcomm is entering its fourth quarter earnings report down nearly 9% over the past week.
- Bearish
Qualcomm is expected to report Q4 earnings amid slowing smartphone and PC sales.