TMTB: QCOM LYFT MTCH UPWK First takes

QCOM +11%: Strong results across the board especially given neg sentiment around handsets (AAPL, QRVO misses) coming into the print. Rev/EPS beat while guide also looks very good with rev guide 3.5% above street

Approves $15B repurchase plan. All segments beat. Very solid.

QCOM GUIDANCE: Q1
- Guides revenue $10.5B to $11.3B, EST $10.54B (BEAT)
- Guides ADJ EPS $2.85 to $3.05, EST $2.81 (BEAT)
RESULTS: Q4
- ADJ EPS $2.69 vs. $2.02 y/y, EST $2.56 (BEAT)
- ADJ revenue $10.24B, +18% y/y, EST $9.91B (BEAT)
- QCT revenue $8.68B, +18% y/y, EST $8.42B (BEAT)
- Internet of Things revenue $1.68B, +22% y/y, EST $1.55B
- Handsets revenue $6.10B, +12% y/y, EST $6.04B
- Automotive revenue $899M, +68% y/y, EST $816.2M
- QTL revenue $1.52B, +21% y/y, EST $1.44B
- Adj. reconciling items for revenues $45M, EST $48.5M
- ADJ operating income $3.51B, +31% y/y, EST $3.32B

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LYFT +24%: Much better with better bookings and EBIDA + strong Q4 bookings/EBITDA guide

Sentiment had been mixed going into the print given mixed 3p data and structural bear case fears so this will be received well.