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Qualcomm Announces Fourth Quarter and Fiscal 2020 Results

Fourth Quarter EPS: GAAP $2.58, Non-GAAP $1.45

Fiscal 2020 Revenues: GAAP $23.5 billion, Non-GAAP $21.7 billion

Fiscal 2020 EPS: GAAP $4.52, Non-GAAP $4.19
—Record Quarterly EPS Exceeded High End of Guidance Range—
Nov 3, 2020
SAN DIEGO

Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal fourth quarter and year ended September 27, 2020.

“Our fiscal fourth quarter results demonstrate that our investments in 5G are coming to fruition and showing benefits in our licensing and product businesses,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “We concluded the year with exceptional fourth quarter results and are well positioned for growth in 2021 and beyond. As the pace of disruption in wireless technology accelerates, we will continue to drive growth and scale across our RF front-end, Automotive and IoT adjacencies.”

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Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our leading-edge AI, high performance, low-power computing, and unrivaled connectivity deliver proven solutions that transform major industries. At Qualcomm, we are engineering human progress.

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