Broadcom said to view Qualcomm earnings as concerning: Sources

Broadcom said to view Qualcomm earnings as concerning: Sources

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/02/01/broadcom-said-to-view-qualcomm-earnings-as-concerning-sources.html

Broadcom is said to view Qualcomm's recent earnings report as concerning, though it is still expected to raise its bid for the chipmaker shortly, sources told CNBC.

They may take into account diminished earnings near-term and their belief that Qualcomm won't be able to achieve the $7.50 earnings per share target it put out for fiscal year 2019 in its defense against Broadcom's unsolicited $103 billion bid, which it rejected last year.

Broadcom said to view Qualcomm earnings as concerning: Sources

Feb 1, 2018, 5:28pm UTC
https://www.cnbc.com/2018/02/01/broadcom-said-to-view-qualcomm-earnings-as-concerning-sources.html >Broadcom is said to view Qualcomm's recent earnings report as concerning, though it is still expected to raise its bid for the chipmaker shortly, sources told CNBC. >They may take into account diminished earnings near-term and their belief that Qualcomm won't be able to achieve the $7.50 earnings per share target it put out for fiscal year 2019 in its defense against Broadcom's unsolicited $103 billion bid, which it rejected last year.