July 1 (UPI) — Qualcomm, a supplier of semiconductor and wireless technology solutions, will report on July 29 thinly to report revenue of at least $4.4 billion for the third quarter of fiscal 2020, according tomedia reports. The second quarter is over, and most of the tech giants preparing to report their second-quarter results have already announced their release dates.
Qualcomm will report results for the third quarter of fiscal 2020, but it is due to end June and is now over.
According to information released by Qualcomm’s official website, their third-quarter earnings report will be released on July 29th, and the earnings analyst conference call will begin at 1:45 p.m. Pacific time on July 29, or 4:45 a.m. On July 30, Beijing time.
For the third quarter, Qualcomm reported revenue of $4.4 billion to $5.2 billion for the second quarter, which was released on April 29, and earnings per share under U.S. GAAP forecast earnings of $0.29 to $0.49.
In terms of forecasts, Qualcomm’s third-quarter revenue is likely to decline year-on-year, with Qualcomm receiving $4.7 billion in patent licensing fees from Apple in the third quarter of fiscal 2019 and $9.6 billion in revenue in the quarter, excluding Apple’s patent licensing fees, which was $4.9 billion in the quarter.