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Qualcomm reports Q3 adjusted EPS $2.77, consensus $2.71

Reports Q3 revenue $10.365B, consensus $10.35B. “Another quarter of strong growth in QCT Automotive and IoT revenues further validates our diversification strategy and confidence in achieving our long-term revenue targets,” said Cristiano Amon, President and CEO of Qualcomm (QCOM) Incorporated. “Our leadership in AI processing, high-performance and low-power computing and advanced connectivity positions us to become the industry platform of choice as AI gains scale at the edge.”

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