Qualcomm: Fiscal Q3 Earnings Snapshot

Qualcomm reported fiscal Q3 net income of $2 billion with adjusted earnings of $2.21 per share, missing Wall Street's $2.22 per share estimate. Revenue of $9.95 billion exceeded forecasts of $9.71 billion. The company projected Q4 revenue between $9.7 billion and $10.5 billion and earnings per share of $2.05 to $2.25.