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 2.6 percent in after-hours trading to $51.47.
from Latest News Business on Firstpost http://bit.ly/2SjSRxG
No comments:
Post a Comment