Qualcomm (QCOM) reported Q4 FY 2018 earnings of $0.90 per share (versus $0.92 in Q4 FY 2017), beating analysts’ consensus estimate of $0.84.
The company’s quarterly revenues amounted to $5.833 bln (-2.1% y/y), beating analysts’ consensus estimate of $5.541 bln.
The company also issued guidance for Q1 FY 2019, projecting EPS of $1.05-1.15 (versus analysts’ consensus estimate of $0.92) and revenues of $4.50-5.30 bln (versus analysts’ consensus estimate of $5.58 bln).
QCOM fell to $58.63 (-7.25%) in pre-market trading.