Qualcomm stock rose more than 6% at one point in extended trading Wednesday after the company reported its fiscal fourth-quarter earnings, which exceeded analyst expectations. Futurum’s principal analyst Daniel Newman dives into the results and expectations for Q1.
Qualcomm Q4 Blows Past Expectations as 5G Surges
Qualcomm had a blowout quarter as the company is seeing the strength of 5G, diversified business, and the end of ongoing regulatory disputes.