Qualcomm earnings top estimates, issues upbeat Q4 guidance

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Qualcomm News

Julie Hyman

Qualcomm (QCOM) reported fiscal third quarter results that topped analyst estimates on both the top and bottom lines. Adjusted earnings of $2.33 per share...

) reported fiscal third quarter results that topped analyst estimates on both the top and bottom lines. Adjusted earnings of $2.33 per share topped expectations of $2.24 while revenue of $9.39 billion was better than the expected $9.21 billion.

What I was just talking about there, and he also said we're excited about the launch of our Snap Dragon X series solutions for PC. But Qualcomm specifically, this is a stock that is down considerably off of its high, and we've just seen incredible volatility in the, uh, in the A. I trade in the chip space."The core fundamentals were exceptional in a quarter that included the complex accounting treatment of deconsolidation along with prior year divestitures," AIG CEO Peter Zaffino said in a statement.

"I just haven't had the best experience, and I don't really feel like anybody needs to be insincere," Collins told reporters after retiring early due to injuryTelecom Italia said its core earnings rose by 10% in the second quarter under a new structure which strips out the domestic network operations sold to U.S. investment firm KKR at the start of July. Boosted by Brazil-listed unit TIM SA, earnings were also helped by a 2.7% rise in domestic revenue to 2.

 

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