Friday, February 8, 2013

Qualcomm Earnings Shine!

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Qualcomm reported QE December 2012 financial results on January 30

Qualcomm Earnings: Life Is Good

Life is good for Qualcomm (QCOM) CEO Paul Jacobs. Quarter ending December 2012 was all about all-time record highs: total revenues ($6.02 billion), operating income ($2.09 billion), net income ($1.91 billion), non-GAAP earnings per share ($1.26), and cash flow per share from operations ($1.13). GAAP earnings per share of $1.09 were the second best ever, eclipsed only by the March 2012 quarter of $1.28, which included a $0.44 gain from sale of discontinued operations. So, from an operations standpoint, even the earnings per share were a record. Read more and see charts at Seeking Alpha.

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