Qualcomm earnings top estimates, issues upbeat Q4 guidance

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 51 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

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.

 

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

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Qualcomm, Microsoft Lean on AI Hype to Spur PC Market RevivalTech companies from Microsoft Corp. to Qualcomm Inc. are embarking on a marketing blitz for a new type of computer they are dubbing “AI PCs,” promising artificial intelligence features embedded in their laptops and desktops.
Source: BNNBloomberg - 🏆 83. / 50 Read more »