secwatch.observer — SEC 8-K summary
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Issuer:     QUALCOMM INC/DE (QCOM)
CIK:        0000804328
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0000804328-23-000042
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Qualcomm Q3 FY2023 revenue down 23% YoY to $8.5B; GAAP EPS $1.60
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- GAAP revenue $8.45B, down 23% YoY; GAAP net income $1.80B, down 52%; GAAP EPS $1.60.
- Non-GAAP EPS $1.87 exceeded midpoint of guidance; Non-GAAP net income $2.11B.
- QCT Automotive 11th straight quarter of double-digit YoY revenue growth.
- CEO cites on-device AI potential and design-win momentum for long-term diversification.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/804328/000080432823000042/0000804328-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/804328/000080432823000042/qcom-20230802.htm
  HTML page:      https://secwatch.observer/filing/0000804328-23-000042

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