Qualcomm shares drop as patent licensing forecast disappoints Wall Street

Qualcomm shares drop as patent licensing forecast disappoints Wall Street

4 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-qualcomm-results/qualcomm-shares-drop-as-patent-licensing-forecast-disappoints-wall-street-idUSKBN2A331I

Qualcomm Inc shares dipped as much as 7% in after-hours trading on Wednesday as the company reported fiscal first-quarter sales that slightly missed Wall Street expectations and forecast lower-than-expected sales for its profitable patent licensing business.