QCOM Earnings: Qualcomm reports higher Q4 2024 revenue and profit
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Qualcomm, Inc. (NASDAQ: QCOM) reported a 19% increase in Q4 2024 revenues, reaching $9.2 billion, with net income rising to $2.92 billion or $0.59 per share, compared to $1.49 billion or $0.32 per share in Q4 2023. Revenue from the CDMA Technologies division grew 18%, and Technology Licensing revenue rose 21% year-over-year. Adjusted profit increased to $0.69 per share from $0.02 per share last year.
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