Qualcomm (QCOM) reported fiscal Q4 non-GAAP earnings late Wednesday of $2.02 per diluted share, down from $3.13 a year earlier.
Analysts polled by Capital IQ expected $1.91.
Revenue for the quarter ended Sept. 24 was $8.63 billion, down from $11.40 billion a year earlier.
Analysts surveyed by Capital IQ expected $8.52 billion.
The company said it expects fiscal Q1 non-GAAP EPS of $2.25 to $2.45. Analysts surveyed by Capital IQ are looking for $2.23.
Revenue for the first fiscal quarter is projected to be $9.1 billion to $9.9 billion, the company said. Analysts polled by Capital IQ are expecting $9.19 billion.