News Formal

Qualcomm stock rises following slight earnings beat

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Qualcomm Inc. shares rose in the extended session Thursday after the chip maker beat Wall Street expectations slightly on earnings.

Qualcomm Inc. shares rose in the extended session Thursday after the chip maker slightly beat Wall Street expectations on earnings, and projected confidence amid an outlook that fell just short of the consensus.

Qualcomm QCOM shares rose 3% after hours, following a 1.9% decline in the regular session to close at $135.85. Analysts surveyed by FactSet had forecast $2.36 a share on revenue of $9.6 billion, based on Qualcomm’s forecast of $2.25 to $2.45 a share on revenue of $9.2 billion to $10 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens ThursdayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »