Qualcomm Inc

QCOM: XNAS (USA)
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Qualcomm Earnings: Slight Miss in Handset Semis, but Diversification Remains on Track

Qualcomm reported fiscal third-quarter revenue of $10.4 billion, down 6% sequentially but up 10% year over year and above the midpoint of guidance. Qualcomm’s outlook for the September quarter calls for $10.7 billion of revenue, which would represent a deceleration to 4.5% year-over-year growth.

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