Qualcomm: beats consensus in Q2
(CercleFinance.com) - On Wednesday evening Qualcomm unveiled Q2 2018-19 adjusted net income that is down 19% y-o-y at 0.
9 billion dollars, meaning 77 cents per share, four cents above the consensus.
Again in non-GAAP data, the Californian wireless technology group saw its operating profit shrink by 6% to 1.2 billion dollars, with revenues also falling at a similar pace, to 4.9 billion dollars.
For the current quarter, Qualcomm expects adjusted EPS between 70 cents and 80 cents, compared to exactly one dollar a year ago, and adjusted revenues of between 4.7 billion and 5.5 billion dollars, against 5.6 billion dollars in Q3 2017-18.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
9 billion dollars, meaning 77 cents per share, four cents above the consensus.
Again in non-GAAP data, the Californian wireless technology group saw its operating profit shrink by 6% to 1.2 billion dollars, with revenues also falling at a similar pace, to 4.9 billion dollars.
For the current quarter, Qualcomm expects adjusted EPS between 70 cents and 80 cents, compared to exactly one dollar a year ago, and adjusted revenues of between 4.7 billion and 5.5 billion dollars, against 5.6 billion dollars in Q3 2017-18.
Copyright (c) 2019 CercleFinance.com. All rights reserved.