Qualcomm (NASDAQ:QCOM) reported fourth quarter earnings that beat analyst's expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.01 on revenue of $5.63B. Analysts polled by expected EPS of $0.82 on revenue of $5.54B. That compared to EPS of $0.92 on revenue of $5.90B in the same period a year earlier. The company had reported EPS of $1.01 on revenue of $5.63B in the previous quarter.
For the year, Qualcomm shares are down 1.27%, under-performing the NASDAQ 100 which is up 12% year to date.
Qualcomm follows other major Technology sector earnings this month
On November 1, Apple reported fourth quarter EPS of $2.91 on revenue of $62.9B, compared to forecasts of EPS of $2.78 on revenue of $61.46B.
Microsoft earnings beat analyst's expectations on October 24, with first quarter EPS of $1.14 on revenue of $29.08B. analysts expected EPS of $0.96 on revenue of $27.88B
Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar
