8-KEarnings & ResultsExhibits & Filings

QUALCOMM INC/DE 8-K Report, Financial Results (Jul 27, 2022)

Filed July 27, 2022For Securities:QCOM

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.

Frequently Asked Questions

This 8-K filing is primarily to announce and provide details on Qualcomm's financial results for the third quarter of fiscal year 2022.

The report and its accompanying press release include both financial measures calculated according to U.S. GAAP and Non-GAAP financial measures. The company believes Non-GAAP measures offer useful supplemental information to investors.

The detailed financial results, including the press release, are furnished as Exhibit 99.1 to this 8-K filing and are incorporated by reference.

Yes, the press release included with this filing provides a reconciliation of the Non-GAAP financial measures to the most directly comparable GAAP financial measures, along with an explanation of why management believes these Non-GAAP measures are useful.