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Tag: QUALCOMM Incorporated
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Qualcomm Incorporated (QCOM) is Gaining Momentum on Earnings Catalyst

Qualcomm Incorporated (NASDAQ: QCOM) has released its second-quarter report for the fiscal year 2022. The stock surpassed Wall Street projections by a wide margin, and its stellar performance was one of the driving forces behind the tech sector’s rally on April 28. Qualcomm’s sales increased 41% year over year to a new high of $11.2 billion, with GAAP earnings of $2.57 per share. The corporation paid out $1.7 billion in dividends to stockholders, including $0.8 billion in dividends. Despite transitory supply chain difficulties, Qualcomm’s business remains robust and healthy. Sales are increasing in all main areas, and revenue is expected

HCCC Stock
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Qualcomm (QCOM) Posted Stronger Results, Came On The Heels Of Rising 5G Demands

Qualcomm Incorporated’s (QCOM) stock continued surge for second consecutive day on Thursday as investors welcomed a 76 percent increase in quarterly profit and 35 percent earnings announced after ring of the bell on Wednesday. The company also gave the current quarter a much better outlook than Wall Street forecasts. The company’s shares, which have risen by 46% since the beginning of the year, rose significantly by 16.44% on Thursday, as the company reported substantially better-than-expected fourth quarter results as well as above Wall Street estimates forecast for first quarter of fiscal 2021. The business posted an 86 percent rise in

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