Qualcomm beats estimates, but offers light EPS guidance

• Qualcomm (NASDAQ:QCOM): FQ3 EPS of $1.44 beats by $0.22.
• Revenue of $6.81B (+9% Y/Y) beats by $290M.
• 225M MSM chip shipments, +31% Y/Y and above guidance of 198M-213M.
• Expects FQ4 revenue of $6.5B-$7.4B and EPS of $1.20-$1.35 vs. a consensus of $7.15B and $1.39. Expects 230M-245M FQ4 MSM chip shipments.
• Shares -0.7% AH.
• Press Release