Qualcomm’s Q2 adjusted revenue of $10.84 billion exceeded expectations

On May 1st, Qualcomm’s adjusted revenue for the second quarter was $10.84 billion, with an estimated revenue of $10.64 billion; Q2 adjusted earnings per share of $2.85, estimated at $2.81; The company expects to generate revenue of $9.9 billion to $10.7 billion in the third quarter, with a market estimate of $10.33 billion; The company expects adjusted earnings per share of $2.60 to $2.80 for the third quarter, with a market estimate of $2.66.

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