Qualcomm Inc

QCOM

Equity

ISIN US7475251036 / Valor 964930

NASDAQ (2024-12-24)

USD 159.36+0.71%

Qualcomm Inc
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About company

Qualcomm Inc. is a global company known for its innovative technologies and products in the semiconductor industry. The company, through its subsidiaries like Qualcomm Technologies, Inc., focuses on engineering, research, and development functions, as well as providing products and services in areas such as processors, modems, platforms, RF systems, and connectivity. Qualcomm is recognized for its diverse team of inventors who are dedicated to enhancing communication worldwide. With a presence in over 30 countries and a wide range of purpose-built software, hardware, and tools, Qualcomm aims to help bring inventions to market efficiently.

Summarized from source with an LLMView SourceSector: Telecommunications

Revenue Growth

Qualcomm Inc. reported a significant increase in revenue for the fourth quarter of fiscal 2024, reaching $10.244 billion, which represents a 19% growth compared to the same quarter in the previous year. This growth was driven by strong performance across various segments, including QCT and QTL.

Earnings Surge

The company achieved a remarkable 96% increase in net income for the fourth quarter of fiscal 2024, amounting to $2.920 billion. This substantial growth in earnings reflects Qualcomm Inc.'s successful strategies and operational efficiencies during this period.

EPS Performance

Qualcomm Inc. reported a diluted earnings per share (EPS) of $2.59 for the fourth quarter of fiscal 2024, marking a 96% increase from the previous year's fourth quarter. This impressive EPS growth underscores the company's strong financial performance and profitability.

Record Operating Cash Flow

For fiscal 2024, Qualcomm Inc. achieved a record operating cash flow, highlighting the company's robust financial health and ability to generate cash from its operations. This achievement supports the company's ongoing investments and shareholder returns.

Dividend and Stock Repurchase

During the fourth quarter of fiscal 2024, Qualcomm Inc. returned $2.249 billion to stockholders through stock repurchases and cash dividends. The company also announced a new $15.0 billion stock repurchase authorization, reflecting its commitment to enhancing shareholder value.

Summarized from source with an LLMView Source

Key figures

11.1%1Y

-12.8%3Y

79.5%5Y

Performance

36.9%1Y

40.1%3Y

41.3%5Y

Volatility