8-KEarnings & Results

INTEL CORP 8-K Report, Financial Results (Apr 18, 2012)

Filed April 18, 2012For Securities:INTC

Summary

Intel Corporation filed an 8-K on April 17, 2012, reporting on its financial results and outlook for the first quarter of 2012, which ended on March 31, 2012. The filing primarily incorporated by reference a press release and commentary from its CFO, Stacy J. Smith, posted on Intel's investor website. This report provided both GAAP and non-GAAP financial measures, including gross margin, operating income, net income, and earnings per share, along with forward-looking statements for the second quarter and full year 2012.

Key Highlights

  • 1Intel released its Q1 2012 financial results and forward-looking statements on April 17, 2012.
  • 2The report includes both GAAP and non-GAAP financial measures for the quarter ended March 31, 2012.
  • 3Key non-GAAP metrics disclosed include gross margin, operating income, net income, and diluted earnings per share.
  • 4The company provided a non-GAAP outlook for gross margin percentage for Q2 2012 and the full year 2012.
  • 5A reconciliation between GAAP and non-GAAP financial measures is provided in Exhibit 99.1.
  • 6Management commentary from CFO Stacy J. Smith offers insights into the financial performance and outlook.
  • 7The information was initially posted on Intel's investor website (intc.com) on April 17, 2012.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report Intel Corporation's financial results for the first quarter of 2012 and to provide forward-looking statements regarding the company's financial outlook for the upcoming periods. It incorporates previously released information from the company's investor website.

This 8-K filing does not contain the detailed financial numbers directly within the filing itself. Instead, it references Exhibit 99.1, which includes financial information, commentary, and reconciliations of GAAP to non-GAAP results as posted on Intel's investor website.

The non-GAAP financial measures (gross margin, operating income, net income, and EPS) are provided to offer investors additional insights into Intel's operational performance, as management believes these measures provide a more useful view for investors by excluding certain items. However, investors are cautioned that these are not a substitute for GAAP measures.

This 8-K filing refers to forward-looking statements related to the second quarter of 2012, including a non-GAAP outlook for gross margin percentage. The specific details of this outlook are found within the incorporated Exhibit 99.1.