8-KEarnings & Results

INTEL CORP 8-K Report, Financial Results (Oct 16, 2012)

Filed October 16, 2012For Securities:INTC

Summary

This 8-K filing from Intel Corporation, dated October 16, 2012, reports on the company's financial results for the third quarter ended September 29, 2012, and provides forward-looking statements for the fourth quarter of 2012. The report primarily references a press release (Exhibit 99.1) which contains detailed financial information and management's outlook. Investors should note that Intel is presenting both GAAP and non-GAAP financial measures, including gross margin, operating income, net income, and earnings per share. The company emphasizes that while these non-GAAP measures are used by management to provide additional insights, they should not be considered a substitute for GAAP-based reporting. The filing also highlights the incorporation by reference of this press release, meaning its contents are considered part of the official filing with the SEC.

Key Highlights

  • 1Intel Corporation filed an 8-K report on October 16, 2012, detailing Q3 2012 results and Q4 2012 outlook.
  • 2The report incorporates by reference a press release containing financial information for the quarter ended September 29, 2012.
  • 3Intel is providing both GAAP and non-GAAP financial measures, including gross margin, operating income, net income, and diluted EPS.
  • 4Non-GAAP financial measures are used by management for additional insight but are not a substitute for GAAP.
  • 5The filing includes forward-looking statements regarding the company's outlook for the fourth quarter of 2012.
  • 6A reconciliation of GAAP to non-GAAP results and explanations of management's use of non-GAAP measures are included in the referenced exhibit.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report Intel Corporation's financial results for the third quarter of 2012 and to provide forward-looking guidance for the fourth quarter of 2012. This information is detailed in an accompanying press release incorporated by reference.

No, Intel is providing both GAAP (Generally Accepted Accounting Principles) and non-GAAP financial measures in this report. Non-GAAP measures include adjustments to gross margin, operating income, net income, and earnings per share, intended to offer management's perspective on the company's performance.

Investors should view non-GAAP financial measures as supplemental information to the official GAAP results. While management uses these measures to provide additional insights and believes they are useful, they have limitations and should not be considered a replacement for or superior to financial measures prepared in accordance with GAAP.

The detailed financial results for the third quarter ended September 29, 2012, and the forward-looking statements for the fourth quarter of 2012, are presented in a press release dated October 16, 2012, which is attached as Exhibit 99.1 to this 8-K filing and incorporated by reference.