Thursday, July 19, 2012

Qualcomm Reports Q3 2012 Results: $4.63 Billion In Revenues, Earnings Of $0.85 Per Share

qualcomm-signWireless equipment producer Qualcomm has just released its fiscal Q3 2012 financials, and it looks like the company's recent hot streak has finally slowed down. Qualcomm reported revenues of $4.63 billion -- up 28% year-over-year, but down 6% from the company's previous record-breaking quarter. Meanwhile, the company also reported non-GAAP earnings of $0.85 per share, which is up 16% year-over-year but down 16% from Q2. Analysts expected the company to report earnings of $0.86 per share on revenues of $4.7 billion ? both slightly lower than what the company managed to hit in the previous quarter.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/NklI_jgugrU/

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