INTEL CORPORATION (NASDAQ:INTC) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations and Financial Condition.
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release announcing the financial results of its first>quarter
ended April 1, 2017>and forward-looking statements relating to
its second>quarter of 2017>and full year 2017. A copy of
this press release is attached hereto as Exhibit 99.1 and is
incorporated by reference herein.
intc.com, financial information and commentary by Robert H. Swan,
Intels Executive Vice President, Chief Financial Officer, and
Principal Accounting Officer. This information and commentary,
which is attached hereto as Exhibit 99.2 and is incorporated by
reference herein, relates to Intel’s first>quarter results
and includes forward-looking statements regarding its
second>quarter of 2017>and full year 2017.
relating to our operations and forecasted outlook. Certain of
these non-GAAP terms will be used in Intels earnings conference
for the first>quarter of 2017. In addition, Exhibits 99.1 and
99.2 include reconciliations of these GAAP to non-GAAP measures,
as well as an explanation of how management uses these non-GAAP
measures and the reasons why management views these measures as
providing useful information for investors. These non-GAAP
financial measures should not be considered a substitute for, or
superior to, financial measures calculated in accordance with
GAAP and the financial results calculated in accordance with GAAP
and reconciliations from Intels results should be carefully
evaluated.
99.1 and 99.2, are furnished and shall not be treated as filed
for purposes of the Securities Exchange Act of 1934, as amended.
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Item 9.01
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Financial Statements and Exhibits.
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Exhibit Number
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Description
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99.1
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Press Release issued by Intel entitled Intel Reports
Record First-Quarter Revenue of $14.8 Billion; GAAP Operating Income of $3.6 Billion, Non-GAAP Operating Income of $3.9 Billion; Company Raises Full-Year Revenue and EPS Outlook dated April 27, 2017. |
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99.2
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CFO Commentary on First Quarter 2017 Results.
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About INTEL CORPORATION (NASDAQ:INTC)
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company’s segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components. DCG segment includes server, network and storage platforms designed for the enterprise, cloud, communications infrastructure and technical computing segments. IOTG segment includes platforms designed for Internet of Things market segments, including retail, transportation, industrial, and buildings and home use. SSG segment includes Intel Security Group, and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group. INTEL CORPORATION (NASDAQ:INTC) Recent Trading Information
INTEL CORPORATION (NASDAQ:INTC) closed its last trading session up +0.50 at 37.43 with 27,240,993 shares trading hands.
