BREAKING NEWS: Qualcomm’s 1Q Results Top Views, Shares Move Higher

After the bell Wednesday, Qualcomm posted 1Q sales and earnings that beat expectations, earning 97 cents an adjusted share on revenue of $4.68 billion. Analysts were expecting the company to earn 90 cents a share on sales of $4.58 billion. The company also raised its outlook for this year and the shares are moving modestly higher in late trading.

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