Qualcomm Q2 2013 Earnings: Revenue $6.12 Billion, Up 24% YOY, EPS $1.06

Posted on Apr 25 2013 - 9:14am by Editorial Staff

Qualcomm

Qualcomm has announced its second quarter of fiscal 2013 results, ended March 31, 2013. The company reported the revenues of $6.12 billion, up 24 percent year-over-year, with an operating income of $1.88 billion, up 24 percent year-over-year. The net income for the quarter was $1.87 billion, down 16 percent year-over-year while diluted earnings per share of $1.06.

“We delivered another strong quarter as the worldwide adoption of smartphones continues,” said Dr. Paul E. Jacobs, chairman and CEO of Qualcomm. “Looking forward, we are seeing strong traction with our new Qualcomm Snapdragon 600 and 800 processors, and we continue to expect healthy growth in 3G and 3G/4G multimode devices around the world. We are pleased to be raising our calendar 2013 3G/4G device shipment estimates and our revenue and earnings guidance for fiscal 2013.”

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