8-KEarnings & ResultsExhibits & Filings

QUALCOMM INC/DE 8-K Report, Financial Results (Jan 29, 2014)

Filed January 29, 2014For Securities:QCOM

Summary

Qualcomm Inc. (QCOM) filed an 8-K on January 29, 2014, to report its financial results for the first quarter of fiscal year 2014, which ended on December 29, 2013. The report primarily incorporates by reference a press release containing these financial results, which includes both GAAP and non-GAAP financial measures. Investors should review this press release for detailed performance metrics and management's commentary on the company's operational and financial condition during the quarter.

Key Highlights

  • 1QCOM filed an 8-K on January 29, 2014, to announce its Q1 FY2014 financial results.
  • 2The reporting period for the financial results is the quarter ended December 29, 2013.
  • 3The 8-K incorporates a press release (Exhibit 99.1) detailing the financial results.
  • 4The press release includes both GAAP and non-GAAP financial measures.
  • 5QCOM's management believes non-GAAP measures provide useful insights to investors.
  • 6Investors are advised to consider non-GAAP measures alongside, not as a substitute for, GAAP measures.
  • 7The filing does not provide the specific financial figures within the 8-K itself but directs to the furnished press release.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report Qualcomm's financial results for its first quarter of fiscal year 2014, which ended on December 29, 2013. It incorporates by reference a press release containing these results.

The specific financial results are detailed in the press release furnished as Exhibit 99.1 to this 8-K filing. This press release should be reviewed for the detailed financial performance and commentary.

No, the filing and the incorporated press release contain both Generally Accepted Accounting Principles (GAAP) financial measures and non-GAAP financial measures. The company's management believes the non-GAAP measures offer useful information to investors.

Investors are advised that the non-GAAP financial information should be considered in addition to, not as a substitute for, or superior to, financial measures calculated and presented in accordance with GAAP. The press release also provides reconciliation and reasons for presenting non-GAAP measures.