QUALCOMM, Inc. (NASDAQ:QCOM) released its earnings report for the first three months of 2013 this afternoon, Wednesday April 24, after the market closed. The company showed earnings of $1.17 per share for the first quarter of the new year, on revenue of $6.12 billion. On today’s market shares in Qualcomm rose, finishing the day at $66. In anticipation of this report, analysts were looking for earnings of $1.17 per share for the company on revenues of $6.1 billion. In the same three months of 2012, QUALCOMM, Inc. (NASDAQ:QCOM) earned $1.01 per share on revenue of $4.9 billion. In the hours before the…
Qualcomm, Inc. (QCOM) Report Q1 Earnings, In Line, EPS $1.17
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.