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AI English summary of an SEC filing — figures as filed

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The company said revenue for Q4 was $15.4 billion, up 10% year over year, and full-year 2023 revenue was $54.2 billion, down 14% from the prior year.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for Q4 was $15.4 billion, up 10% year over year, and full-year 2023 revenue was $54.2 billion, down 14% from the prior year.

  2. The company said diluted earnings per share attributable to Intel for Q4 were GAAP $0.63 and non-GAAP $0.54. For full-year 2023, GAAP EPS was $0.40 and non-GAAP EPS was $1.05, down 79% and 37% from the prior year, respectively.

  3. Intel said it generated $11,471 million in cash from operations for full-year 2023, spent $25,750 million on property, plant and equipment additions and paid $3,088 million in dividends. Cash and cash equivalents ended the year at $7,079 million, down $4,065 million.

  4. Intel said it expects revenue for Q1 2024 of $12.2 to 13.2 billion, with GAAP EPS of $(0.25) and non-GAAP EPS of $0.13. The company also said its gross margin outlook is 40.7% on a GAAP basis and 44.5% on a non-GAAP basis.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Q4 revenue $15.4 billion, full-year revenue $54.2 billion

The company said revenue for Q4 was $15.4 billion, up 10% year over year, and full-year 2023 revenue was $54.2 billion, down 14% from the prior year.

Source · Based on the filing body and exhibits

Q4 and full-year GAAP and non-GAAP earnings per share

The company said diluted earnings per share attributable to Intel for Q4 were GAAP $0.63 and non-GAAP $0.54. For full-year 2023, GAAP EPS was $0.40 and non-GAAP EPS was $1.05, down 79% and 37% from the prior year, respectively.

Source · Based on the filing body and exhibits

Full-year operating cash flow, investment and dividend spending

Intel said it generated $11,471 million in cash from operations for full-year 2023, spent $25,750 million on property, plant and equipment additions and paid $3,088 million in dividends. Cash and cash equivalents ended the year at $7,079 million, down $4,065 million.

Source · Based on the filing body and exhibits

Q1 2024 outlook

Intel said it expects revenue for Q1 2024 of $12.2 to 13.2 billion, with GAAP EPS of $(0.25) and non-GAAP EPS of $0.13. The company also said its gross margin outlook is 40.7% on a GAAP basis and 44.5% on a non-GAAP basis.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.