HALISTER: Qualcomm 1Q Adj. Rev. Misses Est.; Shares Fall

Qualcomm 1Q Adj. Rev. Misses Est.; Shares Fall

(Bloomberg) -- Qualcomm 1Q adj. rev. $5.99b, est. $6.11b (range $5.92b-$6.25b)
  • 1Q adj. EPS $1.19, est. $1.18 (range $1.15-$1.24)
  • 1Q MSM chip shipments 217m
  • Sees 2Q MSM chip shipments 165m to 185m
  • Sees 2Q adj EPS $1.15-$1.25, est. $1.19
  • Sees 2Q adj EPS $1.15-$1.25
  • Sees 2Q rev. $5.5b-$6.3b
  • 1Q adj rev. $6.0b
  • 1Q est. Reported 3G/4G Device ASP $186-$192
NOTE:
  • Shares down 2.1% since earnings release to $55.25 on 0.29m shares traded
  • 16 buys, 15 holds, 1 sell before today
  • Call 4:45pm (NY time), (866)-566-8589 pw 48860663
Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
QCOM US (QUALCOMM Inc)

People
John Sinnott (QUALCOMM Inc)
Steven Mollenkopf (QUALCOMM Inc)

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UUID: 7947283