Qualcomm Reports Stellar Q2 Performance
In a remarkable display of financial health, Qualcomm Inc. unveiled its second-quarter earnings for fiscal 2025, showcasing a 17% increase in revenue, soaring to $10.9 billion. This period also saw net sales climb by 21% year-over-year, reaching $2.8 billion, with earnings per share (EPS) escalating to $2.52, a 22% growth.
First Half Fiscal Highlights
The first half of the fiscal year wasn't left behind, with total revenues ascending by 17% to $22.6 billion, compared to the same timeframe in 2024. Net sales followed suit, marking an 18% increase to $5.9 billion, and EPS leaped to $5.36. Looking ahead, Qualcomm projects third-quarter revenues to be between $9.9 billion and $10.7 billion, with GAAP diluted EPS estimated at $2.14 to $2.34.
Leadership's Vision Amidst Challenges
President and CEO Cristiano Amon shared insights into the company's strategy, stating, "We are navigating the macroeconomic and trade environment by focusing on our leading technology roadmap, best-in-class product portfolio, and operational efficiencies. Our commitment to diversification and long-term value creation remains unwavering."
Stay tuned for more updates on Qualcomm's journey ahead.
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