Qualcomm — Nov 6, 2024 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000804328-24-000074
Showing in the filing
New stock repurchase authorization
“$15.0 billion”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 8
New stock repurchase authorization
“$15.0 billion”
Revenues for Q1 FY2025
“$10.5B - $11.3B”
QCT revenues for Q1 FY2025
“$9.0B - $9.6B”
QTL revenues for Q1 FY2025
“$1.45B - $1.65B”
GAAP diluted EPS for Q1 FY2025
“$2.39 - $2.59”
Less diluted EPS attributable to share-based… for Q1 FY2025
“($0.53)”
Less diluted EPS attributable to other items for Q1 FY2025
“$0.07”
Non-GAAP diluted EPS for Q1 FY2025
“$2.85 - $3.05”
Exhibit 99.1 · the passage around this item
… earlier in the release
Stock Repurchases Dividend Paid Total Amount (in millions, except per share data) Shares Amount Per Share Amount Q4 Fiscal 2024 8 $1,302 $0.85 $947 $2,249 Fiscal 2024 25 $4,121 $3.30 $3,687 $7,808 Our Board of Directors has also approved a new $15.0 billion stock repurchase authorization. The new stock repurchase authorization has no expiration date and is in addition to our stock repurchase program announced in October 2021, which had $1.0 billion of repurchase authority remaining as of the end of fiscal 2024. Qualcomm Announces Fourth Quarter and Fiscal 2024 Results Page 3 of 10 Business Outlook The following statements are forward looking, and actual results may differ materially. The “Note Regarding Forward-Looking Statements” in this news release provides a description of certain risks that we face, and our most recent annual report on file with the Securities and Exchange Commission (SEC) provides a more complete description of our risks. The following table summarizes GAAP and Non-GAAP guidance based on the current outlook. Current Guidance Q1 FY25 Estimates 1 Revenues $10.5B - $11.3B Supplemental Revenue Information QCT revenues $9.0B - $9.6B QTL revenues $1.45B - $1.65B GAAP diluted EPS $2.39 - $2.59 Less diluted EPS attributable to QSI $— Less diluted EPS attributable to share-based compensation ($0.53) Less diluted EPS attributable to other items 2 $0.07 Non-GAAP diluted EPS $2.85 - $3.05 (1) Our outlook does not include
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.