Summary
Intel Corporation filed an 8-K on April 24, 2019, to report its first-quarter 2019 financial results and provide forward-looking statements for the second quarter and full year 2019. The filing incorporates by reference a press release detailing these results and outlook. Investors should note that the press release includes non-GAAP financial measures, which management uses to provide additional insights into operations. While these non-GAAP measures are presented alongside reconciliations to GAAP measures, they should be considered supplementary and not a substitute for GAAP reporting.
Key Highlights
- 1Intel announced its Q1 2019 financial results and provided guidance for Q2 2019 and full-year 2019.
- 2The company's press release, attached as an exhibit, contains the detailed financial results and outlook.
- 3Non-GAAP financial measures are presented in the press release to offer further operational insights.
- 4Reconciliations between non-GAAP and GAAP financial measures are provided for investor clarity.
- 5Management believes non-GAAP measures offer useful information for investors, but they are not a replacement for GAAP figures.
- 6The information furnished in this 8-K and the attached press release are not considered 'filed' for purposes of the Securities Exchange Act of 1934.
Frequently Asked Questions
The primary purpose of this 8-K filing is to officially report Intel's financial results for the first quarter of 2019 and to provide updated financial outlook for the second quarter and the full fiscal year of 2019.
Non-GAAP financial measures are metrics that exclude certain items from GAAP (Generally Accepted Accounting Principles) calculations. Intel includes them to provide additional insights into their operational performance and trends, as management believes these measures offer a useful view for investors. However, these should be considered alongside, and not as a replacement for, the company's GAAP financial results.
The detailed financial results and forward-looking statements are contained within the press release issued by Intel on April 25, 2019, which is attached as Exhibit 99.1 to this 8-K filing and is incorporated by reference.
No, the information in Item 2.02 of this 8-K and the accompanying press release are furnished, meaning they are provided for informational purposes but are not formally 'filed' under the Securities Exchange Act of 1934. Therefore, they do not carry the same legal implications as filed information.