Summary
Qualcomm Incorporated (QCOM) filed an 8-K on July 27, 2022, to report its financial results for the third quarter of fiscal year 2022. The filing includes a press release detailing these results, which is incorporated by reference. Investors should note that the press release contains both GAAP (Generally Accepted Accounting Principles) and Non-GAAP financial measures. Qualcomm's management believes that the Non-GAAP measures provide additional useful insights into the company's financial performance and condition, alongside the standard GAAP reporting. A reconciliation between these measures and their GAAP equivalents is provided in the press release, allowing for a comprehensive view of the company's performance.
Key Highlights
- 1QCOM announced its financial results for the third quarter of fiscal year 2022 via an 8-K filing.
- 2The report includes a press release detailing the Q3 FY2022 financial performance.
- 3The financial results incorporate both GAAP and Non-GAAP financial measures.
- 4Qualcomm's management asserts that Non-GAAP measures offer valuable insights for investors.
- 5Reconciliations between Non-GAAP and GAAP financial measures are available in the press release.
- 6The filing was made on July 27, 2022, covering results for the quarter ending July 26, 2022.