Qualcomm Announces Fourth Quarter and Fiscal 2022 Results
Fiscal 2022 EPS: GAAP $11.37, Non-GAAP $12.53
—Record Fiscal Year Revenues and EPS—
—QCT Diversification: Combined Fiscal Year IoT and Automotive Revenues Grew 38% Year-Over-Year—
—QCT Delivered Strong Fiscal Year EBT Growth: 65% Year-Over-Year—
SAN DIEGO - November 2, 2022 - Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal fourth quarter and year ended September 25, 2022.
“We are pleased to report another strong year, despite the macroeconomic challenges, as we continue to execute our strategy of transforming Qualcomm from a wireless communications company for the mobile industry to a connected processor company for the intelligent edge,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “While our financial outlook is being temporarily impacted by elevated channel inventory, our diversification strategy and long-term opportunities remain unchanged.”
