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Qualcomm Earnings Deliver Above Expectations in Q2 as Diverse Strategy Pays Off

In Technology News by Daniel NewmanLeave a Comment

The News: Qualcomm reported second quarter earnings recently after the bell, beating Wall Street expectations for sales and earnings, and driving the stock up over 4% in extended trading. Here’s how Qualcomm did versus Refinitiv consensus expectations: EPS: $3.21, adjusted, versus $2.91 expected, up 69% year-over-year Revenue: $11.16 billion, adjusted, versus $10.60 billion expected, up 41% year-over-year CT (chip sales): …