Qualcomm Inc. shares dipped in the extended session Wednesday after the chip maker topped Wall Street estimates for the fiscal first quarter but offered a weak outlook for the second quarter. Qualcomm shares declined 0.6% to $47.42 after hours. The company reported adjusted fiscal first-quarter earnings of 97 cents a share on revenue of $5.78 billion. Analysts surveyed by FactSet had forecast 90 cents a share on revenue of $5.69 billion. For the fiscal second quarter, Qualcomm said it expects adjusted earnings of 90 cents to $1 a share on revenue of $4.9 billion to $5.7 billion. Analysts had estimated $1.02 a share on revenue of $5.68 billion.
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