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Actionable news in QCOM: QUALCOMM Incorporated,

Qualcomm Tickers Higher On Top, Bottom Line Beat

  • Revenue of $6.2 billion, up 13.8 percent year-over-year, also comes in $360 million above expectations.
  • Management guides for Q1 sales of $5.7 billion to $6.5 billion, versus estimates of $6.15 billion.
  • Management sees Q1 EPS of $1.12-$1.22, mostly below the Street’s $1.22 estimate.
  • Shares are trading up more than 1 percent in Wednesday’s after-hours session.

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