Summary
Qualcomm Incorporated filed an 8-K on November 7, 2018, to report its financial results for the fourth quarter and full fiscal year ended September 30, 2018. The core of this filing is the accompanying press release (Exhibit 99.1), which details the company's performance. Investors should note that the press release includes non-GAAP financial measures, and Qualcomm provides reconciliations to the most directly comparable GAAP measures, along with management's rationale for presenting these non-GAAP figures. These non-GAAP measures are intended to offer additional insights into the company's financial condition and operational results.
Key Highlights
- 1Qualcomm announced its Q4 and full fiscal year 2018 financial results via a press release furnished with the 8-K filing.
- 2The filing date was November 7, 2018, with an event date of November 6, 2018.
- 3The press release includes important details regarding the company's financial performance for the reported periods.
- 4Qualcomm utilized non-GAAP financial measures in its earnings release.
- 5The company provided reconciliations between non-GAAP and GAAP financial measures.
- 6Management believes non-GAAP measures offer useful supplemental information to investors.
- 7The full press release is incorporated by reference as Exhibit 99.1 to the 8-K filing.
Frequently Asked Questions
The primary purpose of this 8-K filing is to formally announce and provide access to Qualcomm's financial results for its fourth quarter and full fiscal year ended September 30, 2018, through an accompanying press release.
Qualcomm uses non-GAAP financial measures to provide investors with additional insights into its financial performance and operational results. The company believes these measures, when considered alongside GAAP results, offer a more comprehensive view. They have included reconciliations to GAAP and explanations for their use.
The detailed financial results are provided in the press release furnished as Exhibit 99.1 to this 8-K filing. This exhibit is incorporated by reference, meaning it is considered part of the official filing.
The financial results reported in this 8-K cover Qualcomm's fourth quarter and the full fiscal year, both of which ended on September 30, 2018.