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Qualcomm Inc Issues Q3 2013 Guidance In Line With Analysts' Estimates; Raises FY 2013 Guidance


Wednesday, 24 Apr 2013 04:00pm EDT 

Qualcomm Inc announced that for the third quarter of 2013, it expects revenues in the range of $5.8-$6.3 billion, Non-GAAP Diluted earnings per share (EPS) in the range of $0.97-$1.05 and GAAP Diluted EPS in the range of $0.80-$0.88. For fiscal 2013, the Company expects revenues in the range of $24.0-$25.0 billion, Non-GAAP Diluted EPS in the range of $4.40-$4.55 and GAAP Diluted EPS in the range of $ $3.78-$3.93. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $5.9 billion and EPS of $1.04 for the third quarter of 2013; and revenue of $24.1 billion and EPS of $4.54 for fiscal 2013.