Qualcomm’s Third-Quarter Earnings Slip

Wireless-services provider Qualcomm Inc. said its fiscal third-quarter earnings fell 6% to $748 million, or 45 cents a share, from $798 million, or 47 cents, a year ago.

Revenue rose 19% to $2.76 billion for the quarter ended June 29, Qualcomm said late Wednesday.

The technology company also ended a three-year legal battle with Nokia over a patent dispute, the Associated Press reported.

Qualcomm said in a separate statement that its fiscal fourth-quarter pro forma revenue would be $2.5 billion to $2.7 billion and that pro forma earnings per share to be 49 to 51 cents.



Qualcomm makes computer applications for the trucking industry, including communications and trailer-tracking systems.