Qualcomm Inc.(NASDAQ:QCOM) reported fiscal Q1 non-GAAP earnings of $2.37 per diluted share, down from $3.23 a year earlier.
Analysts polled by Capital IQ expected $2.35.
Revenue for the quarter ended Dec. 25 was $9.46 billion, down from $10.71 billion a year earlier.
Analysts polled by Capital IQ expected $9.57 billion.
The company said it expects fiscal Q2 non-GAAP diluted EPS of $2.05 to $2.25. Analysts polled by Capital IQ expect $2.24. The company expects revenue for the quarter of $8.7 billion to $9.5 billion. Analysts polled by Capital IQ expect $9.41 billion.