Summary
Intel Corporation (INTC) filed an 8-K on July 26, 2018, to report its financial results for the second quarter ended June 30, 2018, and to provide forward-looking statements for the third quarter and full year 2018. The report primarily incorporates by reference a press release announcing these financial results. Investors should note that the press release includes non-GAAP financial measures, which Intel's management uses to provide additional insights into operational performance. Reconciliations between GAAP and non-GAAP measures are provided within the press release, and investors are advised to carefully consider both to gain a comprehensive understanding of Intel's financial condition.
Key Highlights
- 1Intel announced its financial results for the second quarter of 2018.
- 2The 8-K filing incorporates by reference a press release detailing Q2 2018 results.
- 3Forward-looking statements for Q3 2018 and the full year 2018 are provided.
- 4The company utilized non-GAAP financial measures in its earnings announcement.
- 5Reconciliations between GAAP and non-GAAP financial measures are available in the accompanying press release.
- 6Management provided explanations for the use of non-GAAP measures and their perceived utility to investors.
Frequently Asked Questions
The primary purpose of this 8-K filing is to publicly announce Intel's financial results for the second quarter of 2018 and to provide its financial outlook for the third quarter and the full year of 2018. The detailed financial information and outlook are presented in an attached press release.
No, this 8-K filing itself does not contain detailed financial statements. Instead, it incorporates by reference a press release (Exhibit 99.1) which contains the financial results and forward-looking statements.
Non-GAAP financial measures are financial metrics that exclude certain items from GAAP (Generally Accepted Accounting Principles) measures. Intel uses these measures to provide additional context and insights into its ongoing operational performance. The press release includes reconciliations to GAAP measures and explains management's rationale for using them.
The actual financial results for the second quarter of 2018 and the forward-looking statements for Q3 and full-year 2018 are detailed in the press release attached as Exhibit 99.1 to this 8-K filing.