Qualcomm Q3 Adj. EPS $1.92 Beats $1.67 Estimate, Sales $8.00B Beat $7.55B Estimate

Qualcomm (NASDAQ:QCOM) reported quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.67 by 14.97 percent. This is a 123.26 percent increase over earnings of $0.86 per share from the same period last year. The company reported quarterly sales of $8.00 billion which beat the analyst consensus estimate of $7.55 billion by 5.89 percent. This is a 63.50 percent increase over sales of $4.89 billion the same period last year.