Qualcomm announces fiscal Q4 and 2024 report with rising revenue and profits

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Qualcomm announces fiscal Q4 and 2024 report with rising revenue and profits

November 07, 2024, 06:40 PM

Qualcomm completes a banner year with the release of its Q4 financial results. In the fiscal fourth quarter, the company saw its revenues increase by 19% compared to Q4 2023 while net income almost doubled (+96%).

Qualcomm’s report for the fiscal fourth quarter of 2024

That capped off a strong fiscal 2024 for Qualcomm with revenues for the full year increasing by 9% compared to 2023 and net income going up by 40%.

Full year 2024 report compared to 2023

The company paid out $947 million in dividends in just Q4 2024, for the full year the number is $3.68 billion....

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