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Qualcomm shares fall on first-quarter guidance, hiring freeze announced

Por: CNBC Tech November 03, 2022

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In this articlewatch nowVIDEO2:4902:49Qualcomm beats revenue, lowers 2023 first quarter guidance over demand weakness from China lockdowns shares fell 7% in extended trading on Wednesday after the chipmaker reported in-line fiscal but offered poor first-quarter guidance.Qualcomm also said it implemented a hiring freeze at the start of the current quarter.Here's how the company did:Overall revenue grew 22% year-over-year in the quarter that... + full article



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