Qualcomm Incorporated announced unaudited consolidated earnings results for the first quarter of fiscal year 2019. For the quarter, the company reported total revenues of $4.8 billion against $6.0 billion a year ago. Operating income was $0.7 billion against $0.0 billion a year ago. Net income was $1.1 billion or $0.87 diluted per share against net loss of $6.0 billion or $4.05 diluted per share a year ago.

The company provided earnings guidance for the second quarter of fiscal year 2019. For the quarter, the company expected revenues in the range of $4.4 billion - $5.2 billion, GAAP diluted earnings per share in the range of $0.40 - $0.50.