8-KEarnings & ResultsExhibits & Filings

INTEL CORP 8-K Report, Financial Results (Jan 26, 2017)

Filed January 26, 2017For Securities:INTC

Summary

Intel Corporation (INTC) filed an 8-K on January 26, 2017, to announce its financial results for the fourth quarter and full year ended December 31, 2016. The filing includes a press release and CFO commentary, both of which are incorporated by reference. These documents detail the company's performance and provide forward-looking statements for the first quarter and full year of 2017. Investors should note that non-GAAP financial measures are included, with reconciliations provided, and should be evaluated alongside GAAP results. The information furnished is not considered "filed" for the purposes of the Securities Exchange Act of 1934. The key takeaway from the announcement is Intel's record-breaking performance in 2016, achieving record full-year revenue of $59.4 billion and record quarterly revenue of $16.4 billion for Q4. This strong financial showing sets the stage for the company's outlook for 2017. Investors are advised to review the detailed financial information and forward-looking statements provided in the attached exhibits to understand the company's strategic direction and future expectations.

Key Highlights

  • 1Intel reported record full-year revenue of $59.4 billion for 2016.
  • 2Fourth quarter 2016 revenue reached a record $16.4 billion.
  • 3The 8-K includes financial results for Q4 and full year 2016.
  • 4Forward-looking statements for Q1 2017 and full year 2017 are provided.
  • 5The filing incorporates by reference a press release (Exhibit 99.1) and CFO commentary (Exhibit 99.2).
  • 6Non-GAAP financial measures are presented, with reconciliations to GAAP.
  • 7The information furnished is not considered "filed" under the Securities Exchange Act of 1934.

Frequently Asked Questions

Intel reported record revenue for both the fourth quarter of 2016, at $16.4 billion, and the full year 2016, reaching $59.4 billion.

The filing includes forward-looking statements regarding Intel's expected financial performance for the first quarter of 2017 and the full year 2017.

Yes, the filing includes non-GAAP financial measures. While these are presented as potentially useful for investors, they should be considered alongside, and not as a substitute for, GAAP financial measures. Reconciliations between GAAP and non-GAAP measures are provided in the attached exhibits.

When information is "furnished" under Item 2.02, it means it is provided to the SEC for informational purposes but does not carry the same legal implications as "filed" information under the Securities Exchange Act of 1934, such as liability for misstatements or omissions under Section 18 of the Act.