Higher than expected performance: chip revenue growth after the stock price rose slightly

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 Higher than expected performance: chip revenue growth after the stock price rose slightly


NetEase technology news April 26th, according to Reuters reports, the US chipmaker Qualcomm announced today the 2018 fiscal year ended March 25th second quarter financial report. The earnings and revenue of the second quarter of the company exceeded Wall Streets expectations, mainly benefiting from the growth of its sales of modem chips for smartphones and networked cars. Qualcomms second - quarter results today, especially its smartphone chip business, are in sharp contrast to the recent performance of the major Asian mobile component manufacturers, including TSMC and SK helix. These companies have warned that the growth of their smartphone chip business has slowed down in the first quarter of this year. In the second quarter of March 25th, Qualcomms revenue from modem chips increased by 6% compared to the previous quarter, while revenue from its technical licensing business fell 44% over the previous quarter, reflecting the revenue loss caused by the company and Apples highly visible patent war. At present, Qualcomm is trying to convince shareholders that the company can improve its future profitability by cutting costs of $1 billion a year and settling Apples disputes. The chipmaker is still waiting for Chinese regulators to approve its plans to buy NXP semiconductor company for $44 billion. Qualcomm expects revenue in the third quarter to be between $4 billion 800 million and $5 billion 600 million, adjusted for earnings of $0.65 to $0.75 a share. According to Thomson Reuters I/B/E/S, analysts had expected earnings in the third quarter of Qualcomm for 5 billion 320 million dollars and earnings per share of $0.75. In the second quarter, the net profit of high Qualcomm was $363 million, and the income per share was $0.24 after the dilution, compared with the net profit of $749 million in the same period last year, and the earnings of $0.24 per share after the dilution. After eliminating one-time items, Qualcomm adjusted earnings per share of $0.8, which was higher than the average expected $0.7 of analysts surveyed by Thomson Reuters. Qualcomms second quarter revenue was $5 billion 260 million, an increase of 4.9% over the same period last year, exceeding analysts average forecast of $5 billion 190 million. In the post office trading on NASDAQ on Wednesday, Qualcomm shares rose 1.83% to $50.66 as of the deadline. (Liu Chun) source: NetEase science and technology report editor: Wang Fengzhi _NT2541 Qualcomm expects revenue in the third quarter to be between $4 billion 800 million and $5 billion 600 million, adjusted for earnings of $0.65 to $0.75 a share. According to Thomson Reuters I/B/E/S, analysts had expected earnings in the third quarter of Qualcomm for 5 billion 320 million dollars and earnings per share of $0.75. In the second quarter, the net profit of high Qualcomm was $363 million, and the income per share was $0.24 after the dilution, compared with the net profit of $749 million in the same period last year, and the earnings of $0.24 per share after the dilution. After eliminating one-time items, Qualcomm adjusted earnings per share of $0.8, which was higher than the average expected $0.7 of analysts surveyed by Thomson Reuters. Qualcomms second quarter revenue was $5 billion 260 million, an increase of 4.9% over the same period last year, exceeding analysts average forecast of $5 billion 190 million. In the post office trading on NASDAQ on Wednesday, Qualcomm shares rose 1.83% to $50.66 as of the deadline. (Liu Chun)