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Kiplinger
Kiplinger
Business
Joey Solitro

Qualcomm Stock Rises After Earnings Beat, Dividend News

Qualcomm Dan Burrows QCOM CNBC Kiplinger
Qualcomm logo in white lights at Mobile World Congress 2024.

Qualcomm (QCOM) stock is up more than 10% in Thursday's session after the technology giant beat top- and bottom-line expectations for its fiscal second quarter and reiterated its dividend increase.

In the three months ended March 31, Qualcomm's revenue increased 1.3% from the year-ago period to $9.4 billion. Its earnings per share (EPS) were up 13.5% to $2.44.

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