Qualcomm revenue up 13% YoY, net income up 51% YoY in Q4 FY16, 211 million chips shipped

Qualcomm

Qualcomm has reported revenue for fourth financial quarter and year that ended September 25, 2016. It has reported revenue of $6.2 billion, which is up 13% compared to the same quarter last year and non-GAAP earnings per share of $1.28 for the quarter, beating the average analyst estimate of $1.22. Total revenue for the fiscal year is 23.6 billion, which is up 7% compared to last year. Operating income was 1.8 billion, up 58% YoY and net income was $1.6 billion, up to 51% YoY. Continue reading “Qualcomm revenue up 13% YoY, net income up 51% YoY in Q4 FY16, 211 million chips shipped”