Qualcomm earns beat views, sales outlook meets views; shares rise - Dealers Care

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Thursday, 31 January 2019

Qualcomm earns beat views, sales outlook meets views; shares rise

By Shariq Khan and Stephen Nellis (Reuters) - Qualcomm Inc reported quarterly earnings that handily beat Wall Street views on Wednesday and said it had negotiated a new and slightly better interim patent contract with Huawei Technologies as it forecast current-quarter revenues in line with analyst estimates. Shares of Qualcomm, the world's biggest supplier of mobile phone chips, rose nearly 2 percent in after-hours trading.

from Latest News Business on Firstpost http://bit.ly/2Wy81P1

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