Qualcomm, Inc. (NASDAQ: QCOM) has reported outstanding results for the fiscal third quarter (ended June 26, 2022). Adjusted earnings rose 54% year-over-year to $2.96 per share, beating the consensus estimate of $2.89 per share. The figure also surpassed the high end of the California-based company’s guidance range. Revenues grew 36% year-over-year to almost $11 billion, driven by a 45% rise in the QCT (Qualcomm CDMA Technologies) segment’s revenues, which stood at $9.4 billion. Revenues of the QTL (Qualcomm Technology Licensing) segment jumped 2% to $1.5 billion.
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