Qualcomm results hit by fine and legal squabbles
- Author:Ella Cai
- Release on:2017-07-20
Revenues of $5.4 billion were 11% down on the $6 billion of calendar Q2 2016.
Operating income of $800 million was 51% down on the $1.6 billion of calendar Q2 2016.
Net income of $900 million was 40% down on the $1.4 billion of calendar Q2 2016.
Cash flow of $100 million compared to the $1.8 billion of calendar Q2 2016 reflecting the $940 million psyment to Blackberry and the $927 million paid to the Korea FTC.
Qualcomm ended calendar Q2 with cash of $37.8 billion.
Operating income of $800 million was 51% down on the $1.6 billion of calendar Q2 2016.
Net income of $900 million was 40% down on the $1.4 billion of calendar Q2 2016.
Cash flow of $100 million compared to the $1.8 billion of calendar Q2 2016 reflecting the $940 million psyment to Blackberry and the $927 million paid to the Korea FTC.
Qualcomm ended calendar Q2 with cash of $37.8 billion.
