Qualcomm Revenue Rises From Snapdragon Processor Demand

Earnings Reuters

Qualcomm Inc reported a 3.6 percent rise in quarterly revenue, driven by strong demand for its flagship Snapdragon processors used in smartphones.

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Net Income attributable to Qualcomm rose to $1.44 billion, or 97 cents per share, in the third quarter ended June 26, from $1.18 billion, or 73 cents per share, a year earlier. http://bit.ly/29Pflgm

Revenue rose to $6.04 billion from $5.83 billion. (Reporting by Rishika Sadam in Bengaluru)