Tech

Qualcomm reports quarterly revenue of $7.9B, up 52% YoY on strong smartphone demand, vs $7.62B est.; stock up 5%+ after hours (Jordan Novet/CNBC)

Jordan Novet / CNBC:

Qualcomm reports quarterly revenue of $7.9B, up 52% YoY on strong smartphone demand, vs $7.62B est.; stock up 5%+ after hours  —  – Qualcomm raised its guidance for handset shipments this year.  — The chipmaker beat on the top and bottom lines, along with quarterly guidance.

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