Qualcomm : Supplemental Results of Business Segments
January 30, 2019 at 04:09 pm EST
Share
Supplemental Results of Business Segments
The following tables provide supplemental information including our results of business segments and reconciles our Non-GAAP results to our GAAP results ($ in millions, except per share data and percentages):
SEGMENTS
QCT
QTL
Non-GAAP Reconciling Items (a)
Non-GAAP
Results
QSI
Share-Based Compensation
Other Items
(b) (c)
GAAP Results
Q1 FISCAL 2019
Revenues
$3,739
$1,018
$58
$4,815
$27
$-
$-
$4,842
Change from prior year
(20%)
(20%)
(34%)
(20%)
(10%)
N/M
(20%)
Change from prior quarter
(20%)
(9%)
21%
(17%)
35%
N/M
(16%)
Operating income (loss)
$1,187
$13
($230)
($260)
$710
Change from prior year
(26%)
44%
7%N/M
N/M
Change from prior quarter
(5%)
N/M
(3%)N/M
N/M
EBT
$598
$590
($144)
$1,044
$8
($230)
($263)
$559
Change from prior year
(37%)
(31%)
44%
(33%)
(27%)
7%N/M
N/M
Change from prior quarter
(25%)
(17%)
46%
(16%)
N/M
(3%)N/M
N/M
EBT as % of revenues
16%
58%
N/M
22%
12%
Net income (loss)
$1,464
$7
($182)
($221)
$1,068
Change from prior year
2%
(13%)
9%N/M
N/M
Change from prior quarter
16%
N/M
7%N/M
N/M
Diluted EPS
$1.20
$0.01
($0.15)
($0.18)
$0.87
Change from prior year
25%
-%
(15%)N/M
N/M
Change from prior quarter
35%
N/M
(7%)N/M
N/M
Diluted shares
1,223
1,223
1,223
1,223
1,223
Q4 FISCAL 2018
Revenues
$4,647
$1,113
$48
$5,808
$20
$-
($50)
$5,778
Operating income (loss)
1,255
2
(224)
(1,712)
(679)
EBT
796
714
(266)
1,244
(20)
(224)
(1,800)
(800)
EBT as % of revenues
17%
64%N/M
21%
(14%)
Net income (loss)
1,260
(11)
(195)
(1,567)
(513)
Diluted EPS
$0.89
($0.01)
($0.14)
($1.10)
($0.36)
Diluted shares
1,429
1,429
1,429
1,429
1,417
Q1 FISCAL 2018
Revenues
$4,651
$1,266
$88
$6,005
$30
$-
$-
$6,035
Operating income (loss)
1,602
9
(248)
(1,367)
(4)
EBT
955
854
(259)
1,550
11
(248)
(1,373)
(60)
EBT as % of revenues
21%
67%N/M
26%
(1%)
Net income (loss)
1,438
8
(199)
(7,230)
(5,983)
Diluted EPS
$0.96
$0.01
($0.13)
($4.89)
($4.05)
Diluted shares
1,491
1,491
1,491
1,491
1,477
(a) Non-GAAP reconciling items related to revenues consisted primarily of nonreportable segment revenues less intersegment eliminations. Non-GAAP reconciling items related to earnings before taxes consisted primarily of certain research and development expenses, selling, general and administrative expenses, other expenses or income, interest expense and certain investment income that are not allocated to the segments for management reporting purposes; nonreportable segment results; and the elimination of intersegment profit.
(b) At fiscal year end, the quarterly tax provision (benefit) for each column equals the annual tax provision (benefit) for each column computed in accordance with GAAP. In interim quarters, the sum of these provisions (benefits) may not equal the total GAAP tax provision, and this difference is included in the tax provision (benefit) in the "Other Items" column. See the "Reconciliations of GAAP Tax Rates to Non-GAAP Tax Rates" included in the news release for the current period for further details.
(c) Details of amounts included in the "Other Items" column for the current period are included in the news release for the current period. Details of amounts included in the "Other Items" column for prior periods are included in the news releases for those periods.
N/M - Not Meaningful
Sums may not equal totals due to rounding.
Attachments
Original document
Permalink
Disclaimer
Qualcomm Inc. published this content on 30 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 January 2019 21:08:03 UTC
Qualcomm, Inc. specializes in the design, development, and marketing of CMDA systems and software. The CDMA technique consists of using a broad spectrum to broadcast code transmissions on numerous mobile communication frequencies. Net sales break down by activity as follows:
- sale of communication systems (83.8%): CDMA systems (integrated circuits, software and systems for wireless voice and data transmission, as well as multimedia functions), and wireless communication and Internet access systems (products intended for data transmission, satellite communications, decrypting activities, etc.);
- sale of licenses (16.2%): intended for manufacturers using CDMA technologies.
Net sales are distributed geographically as follows: the United States (3.3%), China and Hong Kong (63.6%), Vietnam (13.7%), South Korea (7.2%) and other (12.2%).