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GAAP revenues are $5.6 billion, EPS exceeds high end of prior guidance range.
July 27, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Qualcomm Incorporated announced results for its fiscal third quarter ended June 24, 2018. The company reported GAAP revenues of $5.6 billion. EPS exceeds the high end of prior guidance range. “We reported results significantly above our prior expectations for our fiscal third quarter, driven by solid execution across the company, including very strong results in our licensing business,” said Steve Mollenkopf, CEO of Qualcomm. “We intend to terminate our purchase agreement to acquire NXP when...
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