Qualcomm Q4: adjusted revenue down 24% YoY to $8.67B, vs. $8.51B est., handset chip sales down 27% YoY to $5.46B, vs. $5.34B est., and a strong Q1 2024 forecast (Kif Leswing/CNBC) 01-11-2023

Kif Leswing / CNBC:
Qualcomm Q4: adjusted revenue down 24% YoY to $8.67B, vs. $8.51B est., handset chip sales down 27% YoY to $5.46B, vs. $5.34B est., and a strong Q1 2024 forecast — – Qualcomm reported fourth-quarter earnings on Wednesday that beat expectations for sales and earnings, despite big year-over-year declines …