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0 0 0.000992063492063436 0.00496031746031746 0.00515873015873012 0.00198412698412687 -0.000595238095238118 0.00793650793650791
Stock impact report

Qualcomm gains on earnings beat [CNBC]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: CNBC
Qualcomm reported quarterly earnings and revenue that beat analysts' expectations on Wednesday. Shares of the semiconductor company gained close to 2 percent after the announcement. Here's how the company did compared with what Wall Street expected: Earnings: 80 cents per share vs. 70 cents per share forecast by Thomson Reuters Revenue: $5.23 billion vs. $5.19 billion expected in the Thomson Reuters survey Qualcomm also reported strong third-quarter earnings and revenue guidance that pleased Wall Street. The semiconductor company projected EPS of 83 cents on revenue of $5.4 billion, versus the 75 cents on $5.3 billion in revenue expected. Compared with the year-ago quarter, Qualcomm revenue fell by about 13 percent, from $6 billion to $5.2 billion, due to litigation expenses from an ongoing dispute with Apple and others. The company noted that it didn't record any license revenues from Apple in the last three quarters, which contributed to a 40 percent dro Show less Read more
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