Qualcomm announces third-quarter 2023 earnings: mobile phone chips drag down results, plans to cut jobs and cut costs
Hawk News
2023-08-04 17:01:19
3.08W
Share to:
Collect
Hot List Ranking
- Trump's tariff stick comes to fruition: a gamble that risks outweigh opportunitiesCristiano
- Global billionaires reshuffle in Q1: Buffett went against the market to top five, Huang Renxun fell to the altar of hundreds of billionsCristiano
- The original signing date has been postponed, and Li Ka-shing's port transaction has been urgently stoppedHawk News
- From C.Ronaldo to Bruno Fernandes: Decoding Manchester United's ten-year transfer ups and downs, Doo Financial witnesses the winning rule of value investingCristiano
- Lubemai Fund: The "Big Seven U.S. Stocks" are being abandoned. Wall Street is turning to the "Top Ten" of China. Is spring here?Gareth
Qualcomm Announces FY 2023 Third Quarter Results (Ended June 25, 2023) with Quarterly Revenue of 84.$5.1 billion, compared to 109 in the same period in the previous fiscal year..$400 million down 23%; net profit at 21.$05 billion, compared to 42 in the same period last fiscal year..$400 million down 52%; diluted earnings per share of 1.$6, compared to $3 for the same period in the previous fiscal year..$29 down 51%。Revenue from Qualcomm's business unit responsible for selling mobile phone chips fell 25% year-on-year to 52.$600 million, sparking market concerns, which led to a fall in share prices。
·Original
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.