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flag Qualcomm beats Q1 forecasts with $10.98B revenue, $2.85 EPS, and raises dividend to $0.89.

flag QUALCOMM reported stronger-than-expected revenue and earnings for the first quarter, with revenue at $10.98 billion and earnings per share (EPS) of $2.85, both exceeding analyst forecasts. flag Franklin Street Advisors and Virginia Wealth Management Group slightly reduced their holdings, while Trueblood Wealth Management increased its stake. flag Analysts predict EPS of $9.39 for the year. flag QUALCOMM also raised its quarterly dividend to $0.89, with a yield of 2.24%.

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