Qualcomm’s quarterlies meet expectations, but lower guidance ahead (Peter Cohen/RCR Wireless News)

Peter Cohen / RCR Wireless News
Qualcomm’s quarterlies meet expectations, but lower guidance ahead – An inventory glut and weak handset demand will impact the current quarter, the company said Qualcomm on Wednesday reported Q4 results in line with Wall Street consensus estimates: The company recorded adjusted earnings per share (EPS) of $3.13, with $11.39 billion in adjusted revenue. Revenue grew 22% year over year. …

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