QUALCOMM Incorporated Provides Earnings Guidance for the Second Quarter of Fiscal 2013; Revised Earnings Guidance for the Fiscal 2013
For the fiscal 2013, the company expected revenues in the range of $23.4 to $24.4 billion against $23.0 to $24.0 billion as previously expected. Non-GAAP diluted EPS in the range of $4.25 to $4.45 against $4.12 to $4.32 as previously expected. GAAP diluted EPS in the range of $3.61 to $3.81 against $3.40 to $3.60 as previously expected. The company estimates its non-GAAP annual tax rate to be approximately 17% to 18% for fiscal 2013.