.August 1, 2024 05:01:56 AM

Qualcomm Incorporated (NASDAQ:QCOM) recently reported a significant drop in net income growth by approximately 15.9% and operating income growth by roughly 20.1%. Despite this, the company saw a remarkable rise in free cash flow growth by around 23.2% and operating cash flow growth by about 20.5%. Additionally, Qualcomm maintained a stable financial leverage position with a slight decrease in debt growth by approximately 0.15%. These financial metrics shed light on the company’s performance in a competitive landscape, showcasing its resilience and potential for future growth.