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Home > News > Company News > Qualcomm results hit by fine a.....

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.