November 6, 2019 / 9:10 PM / 13 days ago

Qualcomm beats quarterly revenue estimates

Nov 6 (Reuters) - Qualcomm Inc beat analysts’ estimates for fourth-quarter revenue on Wednesday, sending its shares up 5% in extended trading.

Revenue fell about 17% to $4.81 billion, but beat analysts’ estimates of $4.70 billion. (Reporting by Munsif Vengattil in Bengaluru and Stephen Nellis in San Francisco; Editing by Sriraj Kalluvila)

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