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UPDATE: Qualcomm, Inc. (QCOM) Reports In-Line Q3 EPS; Boosts FY13 Outlook

July 24, 2013 4:00 PM EDT
(Updated - July 24, 2013 4:03 PM EDT)

Qualcomm, Inc. (NASDAQ: QCOM) reported Q3 EPS of $1.03, in-line with the analyst estimate of $1.03. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.05 billion.

Sees Q413 revs of $5.9 billion to $6.6 billion and adjusted EPS of $1.02 to $1.10. Street sees Q4 EPS of $1.08 and revs of $6.29 billion.

Boosts FY13 outlook: rev from $24 - $25 billion up to $24.3 - $25 billion, adjusted EPS from $4.40 - $4.55 to $4.48 - $4.56. Street sees revs of $24.5 billion and EPS of $4.54.

For earnings history and earnings-related data on Qualcomm, Inc. (QCOM) click here.


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