Sees Q4 revenue $8.1B-$8.9B, consensus $8.7B. Sees Q4 QCT revenues of $6.9B-$7.5B and QTL revenues of $1.15B-$1.35B. “The midpoint of our fourth quarter fiscal 2023 guidance includes the continued impact of the macroeconomic headwinds, weaker global handset units and channel inventory drawdown,” Qualcomm said.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on QCOM:
- Qualcomm Shares (NASDAQ:QCOM) Plunge: Q3 Results Stir Concern
- Qualcomm (NASDAQ:QCOM) Slips after Q3 Revenue and Guidance Disappoint
- Qualcomm Earnings Release Available on Company’s Investor Relations Website
- Don’t Overpay for AI Stocks; Check Out Qualcomm (NASDAQ:QCOM) Instead
- Notable companies reporting after market close
