Home Qualcomm raises FY outlook after strong Q1
 

Keywords :   


Qualcomm raises FY outlook after strong Q1

2013-01-31 08:39:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported revenue for its fiscal first quarter up 29 percent year-over-year to USD 6.02 billion. Operating income for the three months to December totaled USD 2.09 billion, up 35 percent, net income increased 36 percent to USD 1.91 billion, and diluted earnings per share rose 35 percent to USD 1.09, beating the company's earlier guidance. Operating cash flow for the quarter totaled USD 1.98 billion, up 11 percent from the prior year. For the second quarter 2013, Qualcomm expects revenues of USD 5.8-6.3 billion, non-GAAP diluted earnings per share of USD 1.10-1.18 and GAAP diluted EPS of USD 0.98-1.06. The company raised its outlook for the full year, to sales of USD 23.4-24.4 billion and EPS of USD 3.61-3.81.

Tags: strong outlook raises q1

Category:Telecommunications

Latest from this category

All news

»
02.11Subtropical Storm Patty Graphics
02.11Subtropical Storm Patty Forecast Discussion Number 1
02.11Subtropical Storm Patty Wind Speed Probabilities Number 1
02.11Subtropical Storm Patty Forecast Advisory Number 1
02.11Subtropical Storm Patty Public Advisory Number 1
02.11Summary for Subtropical Storm Patty (AT2/AL172024)
02.11Tropical Storm Lane Graphics
02.11Tropical Storm Lane Forecast Discussion Number 3
More »