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Qualcomm Announces 4Q, Fiscal 2018 Results

Fiscal 2018 revenues were $22.7 billion, with operating income of $5.6 billion, both down from last year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Qualcomm Incorporated announced results for its fiscal fourth quarter and year ended Sept. 30, 2018. In terms of GAAP results, fourth quarter fiscal 2018 year results included revenues of $5.8 billion, down slightly from last year’s $5.9 billion. The company reported operating (loss) income of $0.7 billion, down from a profit of $0.3 billion in 4Q 2017. Operating cash flow was also negative, at $0.4 billion, down from $2.4 billion last year.   For the fiscal year, Qualcomm reported revenues of $...

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