Qualcomm’s Earnings Improve

Wireless-services provider Qualcomm Inc. said its fiscal third-quarter profit jumped 24% from a year ago, to $798 million or 47 cents a share, from $643 million or 37 cents last year.

Revenue rose 19% to $2.33 billion for the quarter ended July 1, Qualcomm said late Wednesday.

The company boosted its fiscal 2007 earnings forecast to $1.69 to $1.71 a share, from $1.57 to $1.61. Revenue will be $8.72 billion and $8.82 billion, from a previous forecast of $8.4 billion to $8.7 billion.