# QUALCOMM Incorporated (QCOM) — Q3-2016 Earnings Results

**Report date:** 2016-07-20 (after market close)  
**Sector:** Information Technology / Semiconductors  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/QCOM/earnings/Q3-2016

## Post-Earnings Brief

### Headline

Qualcomm Beats on EPS, Stock Up 1.23%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.16 | N/A | +39.93% |

### Management Commentary

**Tone:** Confident

Overall, management conveyed a positive outlook regarding their current performance. They emphasized their commitment to innovation and market leadership.

**Key quotes:**

> Management expressed satisfaction with the EPS performance.

> They highlighted ongoing efforts to strengthen their market position.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

Qualcomm's strong EPS performance indicates better-than-expected profitability, which likely reassured investors. The stock's 1.23% increase reflects positive market sentiment following the earnings report. However, the lack of revenue data and guidance leaves some uncertainty about future performance.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/QCOM/earnings/Q3-2016_