Summary
Qualcomm Incorporated (QCOM) filed an 8-K on July 19, 2017, to report its financial results for the third quarter of fiscal year 2017. The report primarily references a press release (Exhibit 99.1) that contains the detailed financial outcomes and operational performance for the quarter. Investors should note that this filing includes non-GAAP financial measures, which management believes offer additional useful insights into the company's performance. These non-GAAP measures are presented alongside their most directly comparable GAAP figures, with reconciliations provided, emphasizing their supplementary nature to traditional accounting principles.
Key Highlights
- 1QCOM announced its Q3 fiscal year 2017 financial results on July 19, 2017.
- 2The 8-K filing incorporates by reference a press release (Exhibit 99.1) containing the detailed financial results.
- 3The press release includes the company's results for its third quarter of fiscal 2017.
- 4Non-GAAP financial measures are presented in the accompanying press release.
- 5Management believes non-GAAP measures provide useful information to investors.
- 6Reconciliations between GAAP and non-GAAP financial measures are provided.
- 7The non-GAAP measures are presented as supplementary information and not as a substitute for GAAP measures.