QCOM
$68.50
Qualcomm
$1.05
1.56%
Earnings Details
3rd Quarter June 2016
Wednesday, July 20, 2016 4:07:00 PM
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Summary

Qualcomm Beats

Qualcomm (QCOM) reported 3rd Quarter June 2016 earnings of $1.18 per share on revenue of $6.0 billion. The consensus earnings estimate was $0.98 per share on revenue of $5.6 billion. The Earnings Whisper number was $1.03 per share. Revenue grew 3.6% on a year-over-year basis.

The company said it expects fourth quarter non-GAAP earnings of $1.05 to $1.15 per share on revenue of $5.40 billion to $6.20 billion. The current consensus earnings estimate is $1.09 per share on revenue of $5.74 billion for the quarter ending September 30, 2016.

Qualcomm Inc develops digital communication technology called CDMA (Code Division Multiple Access), & owns intellectual property applicable to products that implement any version of CDMA including patents, patent applications & trade secrets.

Results
Reported Earnings
$1.18
Earnings Whisper
$1.03
Consensus Estimate
$0.98
Reported Revenue
$6.04 Bil
Revenue Estimate
$5.58 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Qualcomm Earnings Release Available on Company’s Investor Relations Website

Qualcomm Incorporated (QCOM) today announced the Company’s financial results for its third quarter ended June 26, 2016 through an earnings release that is available on the Qualcomm Investor Relations website at http://investor.qualcomm.com/results.cfm. The earnings release will be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at http://www.sec.gov.

As previously announced, Qualcomm will host a conference call to discuss its third quarter results which will be broadcast live on July 20, 2016, beginning at 1:30 p.m. Pacific Time (PT) at http://investor.qualcomm.com/events.cfm. An audio replay will be available at http://investor.qualcomm.com/events.cfm and via telephone following the live call for 30 days thereafter. To listen to the replay via telephone, U.S. callers may dial (855) 859-2056 and international callers may dial (404) 537-3406. Callers should use reservation number 44801007.

About Qualcomm Qualcomm Incorporated (QCOM) is a world leader in 3G, 4G and next-generation wireless technologies. Qualcomm Incorporated includes Qualcomm’s licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm’s engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT. For more than 30 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit www.qualcomm.com.

Qualcomm Contact:Warren Kneeshaw, Investor RelationsPhone: 1-858-658-4813Email: ir@qualcomm.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/qualcomm-earnings-release-available-on-companys-investor-relations-website-300301686.html

SOURCE Qualcomm Incorporated

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