Qualcomm, Inc. (QCOM) Earnings: EPS In-Line, Revenue Beats

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HFA Staff
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Qualcomm, Inc. (NASDAQ:QCOM) revealed its earnings report for the three months ended June 30 today after the market closed. The company showed earnings of $1.03 per share for the quarter on revenue that totaled $6.24 billion. On today’s market, Qualcomm shares trended downward, closing the day at $61.39. In the run up to the announcement of these numbers, analysts were looking for $1.03 per share from the company for the three months period. Revenue from the quarter was expected to come to $6.1 billion. In the same three months of 2012, Qualcomm, Inc. (NASDAQ:QCOM) earned $85 cents a share on…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.