Qualcomm shares drop as revenue slightly misses Wall Street estimates

Qualcomm shares drop as revenue slightly misses Wall Street estimates

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-qualcomm-results/qualcomm-shares-drop-as-revenue-slightly-misses-wall-street-estimates-idUSKBN2A331I

Qualcomm Inc shares dipped as much as 9% 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.

Qualcomm shares drop as revenue slightly misses Wall Street estimates

Feb 3, 2021, 10:28pm UTC
https://www.reuters.com/article/us-qualcomm-results/qualcomm-shares-drop-as-revenue-slightly-misses-wall-street-estimates-idUSKBN2A331I >Qualcomm Inc shares dipped as much as 9% 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.