What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to formally submit and make available to the public the press release issued by Qualcomm on April 19, 2017, which details the company's financial results for the second quarter of fiscal year 2017.

Where can I find the detailed financial results for QCOM's second quarter of fiscal 2017?

The detailed financial results are contained within the press release furnished as Exhibit 99.1 to this 8-K filing. Investors should refer to that press release for specific figures and commentary on the company's performance.

What are non-GAAP financial measures and why does Qualcomm use them?

Non-GAAP financial measures are financial metrics that exclude certain items from GAAP (Generally Accepted Accounting Principles) financial measures. Qualcomm uses them because management believes they provide a more meaningful view of the company's ongoing operational performance and trends, offering investors additional context beyond standard accounting measures. Reconciliations to GAAP are provided for clarity.

What is the significance of the event date and filing date being the same?

The event date (April 18, 2017) typically refers to the date of the event the 8-K is reporting on (in this case, likely the earnings release preparation or announcement), and the filing date (April 18, 2017) is when the document was officially submitted to the SEC. In this instance, the press release was issued the following day, April 19, 2017, which is the date referenced for the financial results announcement.

QCOM 8-K: Earnings & Results

Summary

Qualcomm Incorporated (QCOM) announced its financial results for the second quarter of fiscal year 2017 via a press release filed on April 19, 2017. This 8-K filing primarily serves to furnish this press release, which contains the company's operational and financial performance details for the quarter ending March 31, 2017. Investors should refer to the furnished press release for comprehensive details on the company's financial condition and results of operations. The press release also highlights the use of non-GAAP financial measures, with reconciliations provided to the most directly comparable GAAP measures. Management believes these non-GAAP measures offer valuable insights into the company's performance, supplementing the standard GAAP reporting. Investors are advised to consider these non-GAAP measures in conjunction with, but not as a replacement for, GAAP-based financial information.

Key Highlights

1QCOM reported its second quarter fiscal year 2017 financial results on April 19, 2017.
2The 8-K filing primarily furnishes a press release containing these financial results.
3The press release includes both GAAP and non-GAAP financial measures.
4Reconciliations between GAAP and non-GAAP measures are provided in the press release.
5Management believes non-GAAP measures offer useful investor insights.
6Investors should review the furnished press release for detailed financial information.

QUALCOMM INC/DE 8-K Report, Financial Results (Apr 19, 2017)

Summary

Key Highlights

Frequently Asked Questions