
$Qualcomm(QCOM.US) 1QFY25 Quick Interpretation: The company's financial report data is quite good this time, with revenue and net profit meeting market expectations, mainly driven by the overall recovery in mobile phones, IoT, and automotive businesses.
In addition, benefiting from the implementation of China's subsidy policy, the company expects revenue of $10.3-11.2 billion in the next quarter, with non-GAAP earnings per share of $2.7-2.9, both of which also meet market expectations. From the performance of these two quarters, Qualcomm's overall performance shows a warming and positive trend.
However, influenced by incremental information such as post-earnings call communications, the company's stock price declined in after-hours trading. Among them, information such as "the company's modem business with major clients (Apple) will not be renewed after 2026" will affect the market's outlook and confidence in the company's performance to some extent. For more detailed content, continue to follow Dolphin Jun's subsequent financial report interpretations and conference call summaries.
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