
Qualcomm Inc. reported a modest increase in its second-quarter revenue, rising 1% year-over-year to $9.39 billion, slightly above the expected $9.34 billion. Adjusted earnings per share (EPS) for the quarter were $2.44, surpassing the forecast of $2.32. The company also provided an optimistic outlook for the third quarter, projecting revenues between $8.8 billion and $9.6 billion, compared to analysts' expectations of $9.08 billion. Qualcomm's adjusted EPS forecast for the next quarter ranges from $2.15 to $2.35, against the anticipated $2.16. Additionally, Qualcomm announced an increase in its quarterly dividend from $0.80 to $0.85 per share. Handset sales were up 1% YoY to $6.18 billion, with QCT revenue projected between $7.5 billion and $8.1 billion and QTL revenue expected to be between $1.2 billion and $1.4 billion.



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