8-KEarnings & ResultsExhibits & Filings

INTEL CORP 8-K Report, Financial Results (Jul 22, 2021)

Filed July 22, 2021For Securities:INTC

Summary

Intel Corporation (INTC) filed an 8-K on July 22, 2021, to announce its second-quarter 2021 financial results and provide its outlook for the third quarter and full year 2021. The filing references a press release (Exhibit 99.1) containing these financial details and forward-looking statements. Investors should note that the press release includes non-GAAP financial measures, which the company uses internally and believes are useful for investors. However, the filing explicitly states that these non-GAAP measures are not a substitute for or superior to GAAP measures, and a careful evaluation of GAAP results and their reconciliations is advised. The primary purpose of this 8-K is to furnish this earnings information, not to file it for the purposes of the Securities Exchange Act of 1934.

Key Highlights

  • 1Intel reported its Q2 2021 financial results and provided forward-looking guidance for Q3 and full-year 2021.
  • 2The company's earnings press release, attached as Exhibit 99.1, contains detailed financial information.
  • 3The press release includes non-GAAP financial measures alongside GAAP measures.
  • 4Intel's management uses these non-GAAP measures and explains their utility for investors.
  • 5A reconciliation between non-GAAP and GAAP financial measures is provided in the press release.
  • 6The information furnished in this 8-K is not considered 'filed' for the purposes of the Securities Exchange Act of 1934.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially announce and provide access to Intel's second-quarter 2021 financial results and its financial outlook for the third quarter and full year 2021, as detailed in their earnings press release.

The detailed financial results and forward-looking statements are located in the press release issued by Intel on July 22, 2021, which is attached as Exhibit 99.1 to this 8-K filing.

Yes, the accompanying press release includes both GAAP (Generally Accepted Accounting Principles) financial measures and non-GAAP financial measures. Intel's management uses these non-GAAP measures and provides explanations and reconciliations to GAAP.

No, investors should not rely solely on non-GAAP measures. The filing explicitly advises that non-GAAP measures should not be considered a substitute for, or superior to, GAAP measures. It is important to carefully evaluate the GAAP financial results and their reconciliations.