8-KEarnings & Results

INTEL CORP 8-K Report, Financial Results (Jan 19, 2012)

Filed January 19, 2012For Securities:INTC

Summary

Intel Corporation (INTC) filed an 8-K on January 19, 2012, to report its financial results for the fourth quarter and full fiscal year ended December 31, 2011. The filing primarily incorporates a press release containing these results and provides a forward-looking outlook for the first quarter and full year of 2012. Investors should note that Intel presented both GAAP and non-GAAP financial measures, offering reconciliations for these. The non-GAAP measures provided include net revenue, gross margin, operating income, net income, and diluted earnings per share, which management believes offer useful insights into the company's performance. The forward-looking statements in the press release offer guidance on anticipated performance for the upcoming periods. While the 8-K itself does not contain detailed financial tables, it directs readers to an attached Exhibit 99.1 for the comprehensive financial data and the explanation of non-GAAP measures. Investors should review these attached documents for a thorough understanding of Intel's financial position and future expectations as of early 2012.

Key Highlights

  • 1Intel Corp filed an 8-K on January 19, 2012, reporting Q4 and full-year 2011 financial results.
  • 2The filing includes a press release with financial information and forward-looking statements for 2012.
  • 3Both GAAP and non-GAAP financial measures are presented, with reconciliations provided.
  • 4Key non-GAAP metrics reported include net revenue, gross margin, operating income, net income, and diluted EPS.
  • 5Company management provides explanations for the use of non-GAAP measures, deeming them useful for investors.
  • 6The report directs investors to Exhibit 99.1 for detailed financial data and measure explanations.

Frequently Asked Questions

The main purpose of this 8-K filing is to report Intel Corporation's financial results for the fourth quarter and full fiscal year ended December 31, 2011, and to provide forward-looking statements and guidance for 2012.

Intel presents both Generally Accepted Accounting Principles (GAAP) financial measures and non-GAAP financial measures. The non-GAAP measures, which management believes offer useful insights, include net revenue, gross margin, operating income, net income, and diluted earnings per share.

The detailed financial information, including reconciliations of GAAP to non-GAAP measures, and explanations of how management uses these non-GAAP measures are located in Exhibit 99.1, which is incorporated by reference into this 8-K filing.

This 8-K filing serves as a notification of the financial results and outlook. The specific detailed financial figures for the quarter and year, as well as the forward-looking guidance, are contained within the press release attached as Exhibit 99.1.