Press Release

Qualcomm Announces Second Quarter Fiscal 2018 Results

GAAP Revenues $5.3 billion
GAAP EPS $0.24, Non-GAAP EPS $0.80

Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal second quarter ended March 25, 2018.

“Our fiscal second quarter results reflect better than expected performance in our semiconductor business and lower operating expenses,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “Looking forward, we remain committed to driving improved performance in fiscal 2019, consistent with our prior guidance. We are making good progress on executing our $1 billion cost plan, are focused on closing our pending acquisition of NXP and are well positioned to drive the global commercialization of 5G.”

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