🔴 Qualcomm is trading 6.03% down in after-hours trading after handset revenue fell 26%

Qualcomm is trading 6.03% down at $162.74 after its November 4, 2026, earnings release, as handset revenue weakness weighed on shares.

• Revenue was $10.32 billion and adjusted EPS was $2.17, both ahead of estimates.
• Handset revenue fell 26% to $5.1 billion, below expectations. CNBC reported shares slid in extended trading amid memory-cost pressures weighing on smartphone demand.
• The after-hours decline followed a 5.33% regular-session gain; no volume data was provided.