0
Wireless

Qualcomm quarterly profits better than expected

Thursday 30 January 2014 | 08:47 CET | News
Qualcomm's revenue rose 10 percent year-over-year to USD 6.62 billion in the fiscal first quarter to December, in line with the company's guidance. Adjusted operating profit declined 28 percent to USD 1.49 billion, and net profit was down 2 percent to USD 1.88 billion. Diluted earnings per share were USD 1.09, unchanged from the prior year and better than Qualcomm's forecast. Operating cash flow totalled USD 2.78 billion, up 41 percent, and Qualcomm returned USD 1.59 billion to shareholders in the quarter.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Qualcomm
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Qualcomm revenues rise 4% in Q2

Published 24 Apr 2014 08:30 CET | World
Qualcomm's second-quarter revenues rose 4 percent year-over-year to USD 6.37 billion, in line with the company's outlook. ...

Qualcomm launches QF multi-band chips with ZTE

Published 24 Feb 2014 09:24 CET | World
Qualcomm, in cooperation with ZTE, has launched a multimode, multiband chip featuring an integrated CMOS power amplifier and ...

Qualcomm, Ericsson demonstrate LTE-A Cat 6

Published 24 Feb 2014 09:18 CET | World
Qualcomm's wholly owned subsidiary, Qualcomm Technologies, in cooperation with Ericsson, will be conducting live demonstrations ...

Global shipments of tablet processors to surge 23% in 2014

Published 27 Jan 2014 20:01 CET | World
Strong growth in the processor market for tablet devices in 2014 and beyond will draw increasing competition from suppliers, ...

Qualcomm declares quarterly dividend

Published 22 Jan 2014 16:03 CET | World
Qualcomm has announced a quarterly cash dividend of USD 0.35 per common share, payable on 26 March to stockholders of record at ...

Qualcomm posts strong Q3, gives cautious outlook

Published 07 Nov 2013 08:40 CET | World
Qualcomm reported another quarter of strong growth thanks to demand for its chips in smartphones. Revenues of USD 6.48 billion ...





Calendar   /   Industry Events

10 May Ceva Q1 2021
10 May Weibo Q1 2021
10 May Boingo Wireless Q1 2021
10 May Synchronoss Q1
10 May NortonLifeLock fiscal Q4, investors day
10 May 8x8 fiscal Q4 results
11 May Magyar Telekom Q1 2021
11 May Radcom Q1 2021
11 May Vizio Q1 2021
11 May Sonim Q1 2021
11 May Telefonica Brasil Q1 2021
11 May Allot Q1 2021
11 May Softbank FY results
11 May United Internet Q1 2021
11 May Lattice Semiconductor investor day
11 May Small Cells World Summit
12 May Airtel Africa Q1 2021
12 May Mediaset Q1 2021
12 May NEC FY results
12 May Telefonica Deutschland Q1 2021
12 May Deutsche Telekom Q1 2021
12 May Bredband2 Q1 2021
12 May Syn Q1 results 2021
12 May OTE Q1 2021
12 May Lumentum fiscal Q3
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Poly fiscal Q4
13 May Alibaba Group Q1
13 May DZS investors day
::: More Calendar Items