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Jim Cramer Breaks Down Qualcomm, Netflix, and Abbott

Katherine Ross

Abbott reported adjusted earnings of 63 cents per share on revenue of $7.5 billion, a 2% year-over-year increase. Analysts polled by FactSet were expecting the company to report earnings of 61 cents per share on revenue of $7.48 billion. "We're right on track with our expectations to start the year," said Abbott's Chairman and CEO Miles D. White.