Qualcomm quarterly revenue beats estimates
  • ECONOMY

  • 01:03 02 May 2019

Qualcomm quarterly revenue beats estimates

Qualcomm Inc beat analysts’ expectations for second-quarter revenue on Wednesday, adding to recent bullish results from a host of chipmakers that have allayed investor concerns over sluggish demand, ONA reports quoting Reuters.

Net income attributable to Qualcomm rose to $663 million, or 55 cents per share, in the quarter ended March 31, from $330 million, or 22 cents per share, a year earlier.

Faig Mahmudov

Tags: Qualcomm chipmaker Net income

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