Qualcomm Earnings: $1.26 EPS, $6.02 Billion Revenue vs. Estimates of $1.13 EPS, $5.9 Billion Revenue
Qualcomm reported fiscal first-quarter earnings of $1.26 a share on revenue of $6.02 billion.
Analysts had expected the company to report earnings excluding items of $1.13 cents a share on $5.90 billion in revenue, according to a consensus estimate from Thomson Reuters.
For the fiscal second quarter, the company said it expects revenue of $5.8 billion to $6.3 billion vs. estimates of $5.88 billion.
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