Qualcomm quarterly revenue beats estimates

Qualcomm quarterly revenue beats estimates
# 02 May 2019 01:03 (UTC +04:00)

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.

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