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Qualcomm warns of Q4 job cuts as earnings indicate underperformance

Qualcomm warns of Q4 job cuts as earnings indicate underperformance
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Qualcomm revenue dips 17% to $9.275 bn in fiscal second-quarter

Qualcomm said its revenue fell 17 percent to $9.275 billion for its fiscal second quarter ended March 26, 2023 from $11.164 billion.

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Qualcomm Earnings Could Fall 40% on Weak Handset, Chipset Demand

Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.

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