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Benzinga

Business

Chris Katje

Qualcomm Q3 Earnings: Double Beat, Auto Revenue Hits Record

Qualcomm QCOM Cristiano Amon QCT

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Qualcomm Inc (NASDAQ:QCOM) beat analyst estimates for third-quarter financial results, as the company reported after market close Wednesday.

What Happened: Qualcomm reported third-quarter revenue of $10.365 billion, up 10% year-over-year. The revenue beat a Street consensus estimate of $10.333 billion according to data from Benzinga Pro.

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