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Qualcomm (NASDAQ:QCOM): Fourth Quarter 2021 Earnings Report & Stocks update

Qualcomm (NASDAQ:QCOM) reported the earnings after-hour trading session on November 3rd, 2021.

Q4 Non-GAAP EPS of $2.55 beats by $0.29; GAAP EPS of $2.45 beats by $0.51. QCOM Revenue was $9.34B (+43.7% Y/Y) beats by $500M.

“As of fiscal 2021, we are exceeding our 2019 Analyst Day targets for revenue growth and diversification and operating margin expansion, while more than doubling our year-over-year Non-GAAP EPS,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “We are well positioned to continue to lead in mobile and enable the digital transformation of industries with our broad portfolio of relevant technologies. Our results across RF front-end, Automotive and IoT attest to the success of our technology roadmap and revenue diversification strategy.”

QCOM 4th Quarter 2021 Earnings

QCOM STOCK UPDATE:

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