Qualcomm QCOM reported third-quarter earnings of 86 cents per share on Wednesday, which beat the analyst consensus estimate of 71 cents. Qualcomm reported sales at $4.89 billion, which beat the analyst consensus estimate $4.81 billion estimate.
Qualcomm sees fourth-quarter adjusted EPS at $1.05-$1.25 versus the $1.10 estimate and sales at $5.5-$6.3 billion versus the $5.78 billion estimate.
Related Link: Here's How Much Investing $100 In Qualcomm Stock Back In 2010 Would Be Worth Today
Qualcomm's stock was trading up 10% at $103.07 in Wednesday’s after-hours session.
The stock has a 52-week high of $96.17 and a 52-week low of $58.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
