Qualcomm Reports Q3 2012 Results: $4.63 Billion In Revenues, Earnings Of $0.85 Per Share

Wireless equipment producer Qualcomm has just released its fiscal Q3 2012 financials, and it looks like the company's recent hot streak has finally slowed down. Qualcomm reported revenues of $4.63 billion -- up 28% year-over-year, but down 6% from the company's previous record-breaking quarter. Meanwhile, the company also reported non-GAAP earnings of $0.85 per share, which is up 16% year-over-year but down 16% from Q2. Analysts expected the company to report earnings of $0.86 per share on revenues of $4.7 billion ? both slightly lower than what the company managed to hit in the previous quarter.

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