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Qualcomm issues mixed FQ4 results and light FQ1 guidance, shares drop

  • Qualcomm (QCOM): FQ4 EPS of $1.05 misses by $0.03.
  • Revenue of $6.48B (+33% Y/Y) beats by $130M.
  • Expects FQ1 revenue of $6.3B-$6.9B and EPS of $1.10-$1.20, below a consensus of $6.99B and $1.29.
  • Expects FY14 revenue of $26B-$27.5B and EPS of $4.95-$5.15 vs. a consensus of $27.55B and $4.93.
  • Shares -4.4% AH. (PR)
Comments (2)
  • David RG
    , contributor
    Comments (1039) | Send Message
     
    Not great at all on guidance.
    6 Nov 2013, 04:40 PM Reply Like
  • AnAvgJoe
    , contributor
    Comments (266) | Send Message
     
    For 1Q anyway. FY guidance looks OK, so far.
    6 Nov 2013, 08:06 PM Reply Like
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