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

The primary purpose of this 8-K filing is to report QUALCOMM's financial results for its fourth quarter and fiscal year ended September 24, 2017, and to furnish the accompanying earnings press release as an exhibit.

Where can I find the specific financial results?

The detailed financial results, including revenue, earnings, and other operational metrics, are located in the press release furnished as Exhibit 99.1, which is incorporated by reference into this 8-K filing.

What are non-GAAP financial measures, and why are they included?

Non-GAAP financial measures are financial metrics that exclude or include amounts not permitted by GAAP. QUALCOMM's management includes them because they believe these measures provide useful additional information to investors about the company's underlying financial performance and operational results, beyond what is presented under GAAP.

How should I interpret the non-GAAP financial measures?

Investors should view non-GAAP financial measures as supplementary information. They should be considered in addition to, not as a substitute for, or superior to, the financial measures calculated in accordance with GAAP. The press release includes reconciliations to help bridge the differences between GAAP and non-GAAP figures.

QCOM 8-K: Earnings & Results

Summary

QUALCOMM Incorporated (QCOM) filed an 8-K on November 1, 2017, to report its financial results for the fourth quarter and full fiscal year ended September 24, 2017. The filing primarily serves as a notification and provides access to the company's earnings press release, which contains detailed financial performance information. Investors should review the furnished press release (Exhibit 99.1) for specific revenue, earnings, and operational metrics for the reported periods. The company also noted the inclusion of non-GAAP financial measures within the press release. While these measures are presented alongside their GAAP equivalents and a reconciliation is provided, investors should understand that non-GAAP figures are not a substitute for GAAP-based reporting. Management believes these non-GAAP metrics offer additional useful insights into the company's financial condition and operational results.

Key Highlights

1QCOM announced its financial results for Q4 and fiscal year 2017 via an 8-K filing on November 1, 2017.
2The filing incorporates by reference the company's earnings press release (Exhibit 99.1) containing detailed financial performance.
3The press release covers the fourth quarter and the full fiscal year ended September 24, 2017.
4QCOM's press release includes non-GAAP financial measures for additional investor insight.
5A reconciliation between non-GAAP and GAAP financial measures is provided in the press release.
6Investors are advised to consider non-GAAP measures in conjunction with, not as a replacement for, GAAP results.

QUALCOMM INC/DE 8-K Report, Financial Results (Nov 1, 2017)

Summary

Key Highlights

Frequently Asked Questions