Yahoo Finance Qualcomm Earnings, Revenue beat in Q4
Investing.com - Qualcomm (NASDAQ:QCOM) reported fourth quarter earnings that beat analyst's expectations on Wednesday and revenue that topped forecasts.
The firm reported diluted earnings per share of $0.90 on revenue of $5.8B. Analysts polled by Investing.com expected EPS of $0.82 on revenue of $5.54B. That compared to EPS of $0.92 on revenue of $5.90B in the same period a year earlier. The company had reported EPS of $1.01 on revenue of $5.63B in the previous quarter.
For the year, Qualcomm shares are down 1.27%, under-performing the Nasdaq 100 which is up 12% year to date.
Qualcomm follows other major Technology sector earnings this month
On November 1, Apple reported fourth quarter EPS of $2.91 on revenue of $62.9B, compared to forecasts of EPS of $2.78 on revenue of $61.46B.
Microsoft earnings beat analyst's expectations on October 24, with first quarter EPS of $1.14 on revenue of $29.08B. Investing.com analysts expected EPS of $0.96 on revenue of $27.88B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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