On Jan. 30, wireless technology specialistQualcomm(NASDAQ:QCOM) announced its financial results for the first quarter of its fiscal 2019. The company’s revenue came in at $4.8 billion and its non-GAAP earnings per share reached $1.20. CEO Steve Mollenkopf said the revenue was in line with company guidance, while the EPS was $0.10 above the midpoint of its guidance range.
The company expects revenue for the second quarter to come in between $4.4 billion and $5.2 billion, with non-GAAP EPS ranging from $0.65 to $0.75. At the midpoints of these ranges, the company is forecasting year-over-year....More>>>