8-KEarnings & ResultsExhibits & Filings

QUALCOMM INC/DE 8-K Report, Financial Results (Apr 20, 2016)

Filed April 20, 2016For Securities:QCOM

Summary

Qualcomm Incorporated (QCOM) filed an 8-K on April 19, 2016, to report its financial results for the second quarter of fiscal year 2016, which ended on March 27, 2016. The filing primarily incorporates by reference a press release detailing these results. Investors should note that the press release includes both GAAP and non-GAAP financial measures, with management providing explanations for the use of non-GAAP figures and reconciliations to GAAP. The key takeaway for investors from this filing is the release of QCOM's quarterly financial performance. While the 8-K itself does not contain the detailed numbers, it directs readers to the accompanying press release (Exhibit 99.1) for the specific financial data, including revenue, earnings, and other operational metrics. Investors are advised to review the press release to understand the company's performance and management's perspective on its financial condition.

Key Highlights

  • 1QCOM announced its financial results for the second quarter of fiscal year 2016.
  • 2The results were detailed in a press release furnished as Exhibit 99.1 to the 8-K filing.
  • 3The press release includes both GAAP and non-GAAP financial measures.
  • 4Management provided reconciliations between non-GAAP and GAAP financial measures.
  • 5The company's management believes non-GAAP measures offer useful insights for investors.
  • 6Investors are directed to the press release for the specific financial performance data of the quarter.

Frequently Asked Questions

The detailed financial results are provided in the press release furnished as Exhibit 99.1 to this 8-K filing. You will need to access that press release for specific figures like revenue and earnings.

The press release, and by extension this filing, presents financial information using both Generally Accepted Accounting Principles (GAAP) and non-GAAP measures. Non-GAAP measures exclude certain items that management believes are not indicative of ongoing operational performance and are often used by companies to provide what they consider a clearer view of their business. However, these should be considered alongside, and not as a replacement for, GAAP figures.

This 8-K filing's primary purpose is to report historical financial results for the second quarter of fiscal 2016 via the press release. It does not typically include forward-looking guidance itself; such information would usually be found within the content of the press release or in subsequent filings or investor calls.