July 20, 2016

Qualcomm earnings beat with $6B in revenue and $1.16 EPS

LAS VEGAS, NV - JANUARY 06: Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES on January 6, 2014 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 7-10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees. (Photo by Justin Sullivan/Getty Images) Following the bell today, Qualcomm reported earnings for its third fiscal quarter of 2016 that met analyst expectations in terms of earnings per share, and exceeded expectations in terms of revenue. The company attributed its results to progresses with the number of licensees in China. For the quarter ending June 26, the San Diego, California-based semiconductor and telecommunications… Read More

Source: TechCrunch