Qualcomm Reports Strong Earnings. Why the Stock Is Falling.
In This Article:
Qualcomm beat earnings forecasts but gave a slightly disappointing outlook for its current quarter. “As we navigate the current macroeconomic and trade environment, we remain focused on the critical factors we can control—our leading technology roadmap, best-in-class product portfolio, strong customer relationships and operational efficiencies,” Qualcomm CEO Cristiano Amon said in the release. There was some optimism heading into Qualcomm’s earnings.
Terms and Privacy Policy