Qualcomm Inc Reports Results for the Quarter Ended in June – Earnings Summary

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* Qualcomm Inc reported quarterly adjusted earnings of 75 cents per share. The mean expectation of 21 analysts for the quarter that ended in June was for earnings of 71 cents per share. * Revenue fell 3.3 percent to $5.13 billion from a year ago; analysts expected $5.19 billion. * Qualcomm Inc’s Reported EPS for the quarter was 82 cents. * The mean earnings estimate of analysts had fallen by about 4.1 percent in the last three months. * In the last 30 days one analyst has negatively revised an earnings estimate and there have been no positive earnings revisions. * Qualcomm Inc shares had risen by 4.9 percent this quarter and lost 8.1 percent so far this year. * The San Diego, California-based company reported quarterly net income of $1.22 billion. * Qualcomm Inc is a member of the NASDAQ Composite Index. This summary was machine generated July 25 at 08:44 p.m. GMT.

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