QUALCOMM Incorporated (NASDAQ:QCOM) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
press release regarding the Companys financial results for its
second>quarter of fiscal 2017. A copy of that press release is
furnished as Exhibit 99.1 hereto and incorporated herein by
reference.
in Regulation G. The press release also includes the most
directly comparable financial measures calculated and presented
in accordance with accounting principles generally accepted in
the United States (GAAP), information reconciling the non-GAAP
financial measures to the GAAP financial measures and a
discussion of the reasons why the Companys management believes
that presentation of the non-GAAP financial measures provides
useful information to investors regarding the Companys financial
condition and results of operations. The non-GAAP financial
measures presented therein should be considered in addition to,
not as a substitute for, or superior to, financial measures
calculated and presented in accordance with GAAP.
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Exhibit No.
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Description
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99.1
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April 19, 2017
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Press Release by QUALCOMM Incorporated
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About QUALCOMM Incorporated (NASDAQ:QCOM)
QUALCOMM Incorporated is engaged in the development and commercialization of a digital communication technology called code division multiple access (CDMA). The Company is engaged in the development and commercialization of the orthogonal frequency division multiple access (OFDMA) family of technologies, including long-term evolution (LTE), which is an Orthogonal Frequency Division Multiplexing (OFDM)-based standard that uses OFDMA and single-carrier Frequency Division Multiple Access (FDMA), for cellular wireless communication applications. The Company’s segments include QCT (Qualcomm CDMA Technologies), QTL (Qualcomm Technology Licensing) and QSI (Qualcomm Strategic Initiatives). The Company also develops and commercializes a range of other technologies used in handsets and tablets that contribute to end user demand. The Company’s products principally consist of integrated circuits (chips or chipsets) and system software used in mobile devices and in wireless networks. QUALCOMM Incorporated (NASDAQ:QCOM) Recent Trading Information
QUALCOMM Incorporated (NASDAQ:QCOM) closed its last trading session down -0.06 at 52.61 with 11,262,770 shares trading hands.
