Qualcomm announces second quarter fiscal 2018 results

Via Qualcomm News Room

Apr 26, 2018

GAAP Revenues $5.3 billion

GAAP EPS $0.24, Non-GAAP EPS $0.80

Apr 25, 2018 | SAN DIEGO

“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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