Wireless chipmaker Qualcomm (NASDAQ:QCOM) reported Q1 FY2024 results beating Wall Street analysts' expectations, with revenue up 5.1% year on year to $9.94 billion. The company expects next quarter's revenue to be around $9.3 billion, in line with analysts' estimates. It made a non-GAAP profit of $2.75 per share, improving from its profit of $2.37 per share in the same quarter last year.
Tech and team leaders at different sessions at Inman Connect New York on Tuesday stressed how agents can think outside the box to provide solutions for themselves, their clients, and other agents in the industry.
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Semiconductor equipment maker Lam Research (NASDAQ:LCRX) beat analysts' expectations in Q2 FY2024, with revenue down 28.8% year on year to $3.76 billion. The company expects next quarter's revenue to be around $3.7 billion, in line with analysts' estimates. It made a non-GAAP profit of $7.52 per share, down from its profit of $10.71 per share in the same quarter last year.