Press Release

Qualcomm Announces Fourth Quarter and Fiscal 2019 Results

Fiscal 2019 GAAP Revenues $24.3 billion
Fiscal 2019 Non-GAAP Revenues $19.4 billion
GAAP EPS $3.59, Non-GAAP EPS $3.54

Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal fourth quarter and year ended September 29, 2019.

“We delivered a strong quarter, with Non-GAAP earnings per share above the high end of our guidance range, primarily on solid performance in our QTL segment,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “We exit the fiscal year having successfully executed on our strategic priorities: helping to drive the commercialization of 5G globally, completing a number of important anchor license agreements and executing well across our product roadmap. Our technology and inventions leave us extremely well positioned as 5G accelerates in 2020.”

Complete press release