Press Release

Qualcomm Announces First Quarter Fiscal 2018 Results

GAAP Revenues $6.1 billion
GAAP Loss per Share $4.03, reflecting Tax Reform and European Commission Fine
Non-GAAP Earnings per Share $0.98

Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal first quarter ended December 24, 2017.

“Our fiscal first quarter results reflect continued strong performance in our semiconductor business, as well as continued strength in 3G/4G handset ASPs,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “We recently detailed our roadmap for value creation, outlining the significant growth potential for Qualcomm as we enter the 5G world and our products and technologies expand into attractive new markets.”

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