01—Abstract
Summary
Summary of the 8-K filed January 26, 2023. Cited figures are marked; the original filing is the authoritative source.
Intel Corporation (INTC) has filed an 8-K report on January 26, 2023, detailing its financial results for the fourth quarter and full year ended December 31, 2022, along with forward-looking statements for the first quarter of 2023.
The report primarily incorporates by reference a press release that includes both GAAP and non-GAAP financial measures. Investors should pay close attention to the non-GAAP figures, as management utilizes them to provide insights into operational performance. The company also announced its Board of Directors has declared a quarterly cash dividend.
02—Key points
Key Highlights
- Intel released Q4 and full-year 2022 financial results and Q1 2023 outlook on January 26, 2023.
- The report includes both GAAP and non-GAAP financial measures.
- Non-GAAP financial measures are presented and explained, with reconciliations to GAAP provided in the attached press release.
- The company's Board of Directors declared a quarterly cash dividend.
- The information is furnished and not treated as filed for SEC purposes, meaning it doesn't carry the same legal implications as a formal filing.
- The filing includes the press release as Exhibit 99.1 and an Inline XBRL cover page (Exhibit 101).
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to announce Intel's financial results for the fourth quarter and full year of 2022, provide a financial outlook for the first quarter of 2023, and disclose the declaration of a quarterly cash dividend. It incorporates by reference a press release containing these details.
Are the financial results presented in GAAP or non-GAAP?
The report and the attached press release include both Generally Accepted Accounting Principles (GAAP) financial measures and non-GAAP financial measures. Intel's management uses these non-GAAP measures for operational insights, and reconciliations to GAAP are provided.
Has Intel declared a dividend?
Yes, Intel's Board of Directors has declared a quarterly cash dividend, as announced in the press release attached to this 8-K filing.
What is the significance of the information being 'furnished' and not 'filed'?
When information is furnished under Items 2.02 and 7.01, it means that while the information is being disclosed to the public, it does not carry the same legal liability and implications under the Securities Exchange Act of 1934 as information that is formally 'filed' with the SEC.
04—Continue