secwatch.observer — SEC 8-K summary
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Issuer:     QUALCOMM INC/DE (QCOM)
CIK:        0000804328
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0000804328-23-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Qualcomm Q1 fiscal 2023 revenue falls 12% YoY to $9.5B; GAAP EPS $1.98
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- GAAP EPS $1.98, Non-GAAP EPS $2.37; Non-GAAP EPS above midpoint of guidance range.
- QCT Automotive revenue grew 58% year-over-year; QCT IoT revenue up 7%.
- Net income $2.2B (GAAP) vs. $3.4B prior year, down 34%.
- CEO cites challenging environment but confidence in diversification strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/804328/000080432823000005/0000804328-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/804328/000080432823000005/qcom-20230202.htm
  HTML page:      https://secwatch.observer/filing/0000804328-23-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer