Qualcomm Inc. reported a robust first-quarter fiscal 2025 performance, with earnings per share reaching $3.41, surpassing the consensus estimate of $2.96. Revenue for the quarter rose 18% year-over-year to $11.67 billion, driven by a 20% increase in sales from its QCT segment, which designs chips for smartphones and other devices. Handset revenue, a key component of QCT, grew 13% to $7.57 billion, exceeding expectations. The company's automotive business also saw significant growth, with a 61% increase in revenue to $961 million, while the Internet of Things (IoT) segment grew 36% to $1.55 billion. Despite these strong results, Qualcomm's shares fell in after-hours trading, attributed to concerns over its licensing revenue, which came in at $1.54 billion, slightly below the anticipated $1.56 billion. Looking ahead, Qualcomm provided guidance for the second quarter of 2025, projecting revenue between $10.2 billion and $11.0 billion and earnings per share between $2.70 and $2.90, both above market expectations.