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Qualcomm beats outlook with 73% rise in quarterly revenues

2020-11-05 08:18:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported revenues for its fiscal fourth quarter of USD 8.35 billion, up 73 percent from a year earlier and better than its guidance. Net profit jumped to USD 2.96 billion from USD 506 million a year ago, also better than forecast, and adjusted EPS rose 86 percent to USD 1.45. 

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