Edition:
United States

Qualcomm Qtrly GAAP EPS $0.55, Non-GAAP EPS $0.77


Wednesday, 1 May 2019 05:41pm EDT 

May 1 (Reuters) - Qualcomm Inc ::QTRLY GAAP REVENUES $5.0 BILLION.QTRLY GAAP EPS $0.55, NON-GAAP EPS $0.77.QTRLY NON-GAAP REVENUES $4.9 BILLION VERSUS $5.2 BILLION.SEES Q3 QTL REVENUE $1.225 BILLION - $1.325 BILLION.QTRLY QCT REVENUE $3,722 MILLION VERSUS $3,897 MILLION REPORTED LAST YEAR.SEES Q3 MSM CHIP SHIPMENTS 150 MILLION - 170 MILLION.QTRLY GAAP REVENUES $5.0 BILLION VERSUS $5.2 BILLION.FINANCIAL GUIDANCE FOR Q3 INCLUDES ESTIMATED REVENUES OF $4.5 BILLION TO $4.7 BILLION RESULTING FROM APPLE SETTLEMENT.SEES Q3 GAAP REVENUES $9.2 BILLION - $10.2 BILLION.QTRLY QTL REVENUE $1,122 MILLION VERSUS $1,219 MILLION.SEES Q3 NON-GAAP REVENUES $4.7 BILLION - $5.5 BILLION.Q2 EARNINGS PER SHARE VIEW $0.71, REVENUE VIEW $4.80 BILLION -- REFINITIV IBES DATA.SEES Q3 REVENUE $9.2 BILLION TO $10.2 BILLION.Q3 REVENUE VIEW $5.32 BILLION -- REFINITIV IBES DATA.QUALCOMM - QTL REVENUES IN Q1 & Q2 FISCAL 2019 EACH INCLUDED $150 MILLION OF ROYALTIES DUE UNDER INTERIM AGREEMENT WITH HUAWEI.SEES Q3 GAAP DILUTED EARNINGS PER SHARE $3.57 - $3.77.QUALCOMM - IF FINAL AGREEMENT WITH HUAWEI NOT REACHED BEFORE END OF INTERIM AGREEMENT, HUAWEI MAY NOT MAKE OTHER PAYMENTS OR NOT MAKE FULL PAYMENTS UNDER EXISTING AGREEMENT.SEES Q3 NON-GAAP DILUTED EPS $0.70 - $0.80.Q3 FINANCIAL GUIDANCE INCLUDES ESTIMATED REVENUE OF $4.5 BILLION TO $4.7 BILLION RESULTING FROM APPLE SETTLEMENT.