Qualcomm Inc said on Wednesday that it was rescheduling its quarterly results citing advanced settlement discussions with Broadcom Corp over their legal disputes.

Wireless chip maker Qualcomm also said that its revenue and operating income for its second fiscal quarter of 2009 met or exceeded its prior guidance, sending its shares up 4 percent.

Qualcomm and Broadcom have been involved in extended legal battles related to technology patents.

(Reporting by Sinead Carew)