8-KEarnings & ResultsExhibits & Filings

QUALCOMM INC/DE 8-K Report, Financial Results (Nov 6, 2013)

Filed November 6, 2013For Securities:QCOM

Summary

Qualcomm Incorporated (QCOM) filed an 8-K on November 6, 2013, to report its financial results for the fiscal fourth quarter and full fiscal year ended September 29, 2013. The primary purpose of this filing is to furnish the press release detailing these results, which is incorporated by reference as Exhibit 99.1. Investors should note that the press release contains both GAAP and non-GAAP financial measures, with the company providing a reconciliation and rationale for the use of non-GAAP figures, emphasizing their supplementary nature to GAAP reporting.

Key Highlights

  • 1QCOM reported its financial results for the fiscal fourth quarter and full fiscal year ended September 29, 2013.
  • 2The 8-K filing includes a press release (Exhibit 99.1) detailing these financial results.
  • 3The press release contains both GAAP and non-GAAP financial measures.
  • 4Qualcomm management provided a reconciliation between GAAP and non-GAAP financial measures.
  • 5The company explained management's belief that non-GAAP measures offer useful insights to investors.
  • 6Investors are advised to consider non-GAAP information in addition to, not as a substitute for, GAAP measures.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report Qualcomm's financial results for its fiscal fourth quarter and full fiscal year ended September 29, 2013, by furnishing the related press release.

Yes, the press release includes both GAAP (Generally Accepted Accounting Principles) financial measures and non-GAAP financial measures, along with a reconciliation between the two.

Qualcomm's management believes that presenting non-GAAP financial measures provides useful information to investors by offering additional insights into the company's financial condition and results of operations. However, these non-GAAP measures should be viewed alongside, and not as a replacement for, GAAP measures.

The detailed financial results are presented in the press release issued by Qualcomm on November 6, 2013, which is included as Exhibit 99.1 to this 8-K filing.