Earnings: Qualcomm Q3 Revenues Up; Nokia Settlement Forecasted To Impact Q4 EPS


Qualcomm (NSDQ: QCOM) reported Q3 revenue of $2.8 billion, up 19 percent from the year-ago quarter, and up 6 percent sequentially, beating analyst estimates. A Bloomberg survey of analysts had forecast $2.73 billion. Net income was down 6 percent year-over-year to $748 million, ($0.45 a share) from $798 million ($0.47 a share) a year ago. Pro forma earnings per share came in at $0.55, meeting estimates. Qualcomm

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