China smartphone demand helps lift forecasts for chipmaker Qualcomm
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Qualcomm (QCOM) Shares Down 2% Despite Q1 Beat & Better Than Expected Guidance
February 2, 2022 4:55 PM ESTQualcomm (NASDAQ: QCOM) shares were trading around 1.5% lower after-hours, despite the companys reported Q1 beat and better-than-expected guidance.
Quarterly EPS and revenue came in at $3.23 and $10.7 billion, beating the Street estimates of $3.01 and $10.41 billion, respectively.
According to Cristiano Amon, President... More
