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Qualcomm shares rise as outlook eases China fears
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Shares of Qualcomm, the world's biggest supplier of mobile phone chips, rose nearly 2.6 percent in after-hours trading to $51.47.
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Net income attributable to Qualcomm was $1.07 billion, or 87 cents per share, for the first quarter ended Dec. 30, compared with a loss of $5.98 billion, or $4.05 per share, a year earlier when it took a $6 billion tax charge.
Excluding items, the company earned $1.20 per share, topping the analyst average estimate of $1.09.
Revenue fell 20 percent to $4.84 billion, slightly missing the analyst average estimate of $4.90 billion.
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https://finance.yahoo.com/news/qualcomm-...45945.html
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Shares of Qualcomm, the world's biggest supplier of mobile phone chips, rose nearly 2.6 percent in after-hours trading to $51.47.
...
Net income attributable to Qualcomm was $1.07 billion, or 87 cents per share, for the first quarter ended Dec. 30, compared with a loss of $5.98 billion, or $4.05 per share, a year earlier when it took a $6 billion tax charge.
Excluding items, the company earned $1.20 per share, topping the analyst average estimate of $1.09.
Revenue fell 20 percent to $4.84 billion, slightly missing the analyst average estimate of $4.90 billion.
...
https://finance.yahoo.com/news/qualcomm-...45945.html
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