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Press Release

Qualcomm Announces Fourth Quarter and Fiscal 2018 Results

Fiscal 2018 Revenues $22.7 billion

GAAP Loss per Share $3.32

Non-GAAP Earnings per Share $3.69

Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal fourth quarter and year ended September 30, 2018.

“We delivered a strong quarter, with Non-GAAP earnings per share above the high end of our prior expectations, on greater than expected chipset demand in QCT and lower operating expenses,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “We are executing well on our strategic objectives, including driving the commercialization of 5G globally in 2019 and returning significant capital to our stockholders.”

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