Qualcomm dropped nearly 8% after hours as Q3 EPS missed and the Q4 guide came in weak, overshadowing a revenue beat. $QCOM

The quarter is a reminder that the guide matters more than the print here, and a soft outlook on an otherwise decent top line is what the tape is punishing.

Qualcomm's Q3 EPS miss and weak Q4 outlook overshadowed its revenue beat, dropping QCOM nearly 8% after hours.