Qualcomm, Inc. (NASDAQ: QCOM), a number one producer and provider of digital wi-fi communication merchandise, reported a rise in revenues and internet revenue for the fourth quarter of 2024.
September-quarter revenues elevated 19% from final yr to $10.2 billion. Income from the CDMA Applied sciences division grew 18% and Expertise Licensing income rose 21% year-over-year in the course of the three months.
Fourth-quarter internet revenue got here in at $2.92 billion or $2.59 per share, in comparison with $1.49 billion or $1.32 per share within the corresponding quarter of 2023. Adjusted revenue elevated to $2.69 per share in This autumn from $2.02 per share final yr.
