Qualcomm's adjusted revenue for the first quarter has surpassed expectations, reaching an impressive $11.67 billion compared to the estimated $10.93 billion. Looking ahead, the company anticipates revenue for the second quarter to fall within the range of $10.3 billion to $11.2 billion, which is in line with market estimates of $10.35 billion. Furthermore, Qualcomm expects its adjusted earnings per share for the second quarter to be between $2.70 and $2.90, comfortably exceeding market projections of $2.69.
