0
Wireless

Qualcomm quarterly results top expectations, revenues up 13%

Wednesday 2 November 2016 | 23:02 CET | News
Qualcomm reported better-than-expected results for its fiscal fourth quarter to September, driven by new licensing agreements in China and smartphone demand in other emerging markets. The chipmaker's revenues rose 13 percent year-on-year to USD 6.2 billion, at the top of its outlook for USD 5.4-6.2 billion, and EPS jumped 60 percent to USD 1.07, beating its guidance and supported by its share buyback programme. Operating cash flow increased 24 percent to USD 2.1 billion.

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

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 warns of Apple impact as Q2 hit by Blackberry deal

Published 20 Apr 2017 08:42 CET | World
Qualcomm reported results for its fiscal second quarter to March lower than expected due to its arbitration settlement with ...

Qualcomm quarterly profit falls 54% on competition fines

Published 25 Jan 2017 22:44 CET | World
Qualcomm reported a sharp fall in first-quarter profits, hurt by a charge for a competition fine in Korea. Net earnings dropped ...

Qualcomm toont sterk fiscaal vierde kwartaal

Published 02 Nov 2016 22:28 CET | World
Qualcomm heeft over het vierde kwartaal van zijn fiscale jaar 2016, eindigend 25 september, een omzet gerealiseerd van 6,2 ...

Qualcomm to acquire NXP Semiconductors for USD 47 bln

Published 27 Oct 2016 13:27 CET | World
Qualcomm has agreed to buy NXP Semiconductors for USD 47 billion, strengthening its position in the wireless market and creating ...

Qualcomm launches new Snapdragon processors

Published 18 Oct 2016 12:20 CET | World
Qualcomm released three new Qualcomm Snapdragon processors aimed at supporting enhanced user experiences and connectivity for ...

Qualcomm launches Snapdragon embedded processors for IoT

Published 28 Sep 2016 14:46 CET | World
Qualcomm is introducing the Snapdragon 600E and 410E processors, for embedded IoT applications such as digital signage, ...

Qualcomm signs licensing deal with Vivo

Published 08 Aug 2016 08:37 CET | World
Qualcomm announced another licensing agreement in China, with Vivo Communication Technology. Under the terms of the agreement, ...

Qualcomm grows quarterly sales more than expected

Published 21 Jul 2016 08:50 CET | World
Qualcomm reported an improvement in results for its fiscal third quarter to June, as the company rebuilds its licensing business ...