Forecasting first-quarter 2023 revenue of $10.5 billion to $11.5 billion; expecting first-quarter EPS of $(0.80) (non-GAAP EPS of $(0.15)). Intel's results can be affected by the impact and timing of closing of acquisitions, divestitures, and other significant transactions, such as the pending acquisition of Tower Semiconductor Inc. Intel's peak quarterly revenue was $20.5B in 2021 (q4). First, the economic outlook isn't the greatest, so consumers aren't rushing to upgrade their electronics. Reconciliations between GAAP and non-GAAP financial measures are included below.*. Demand for Intel's products is highly variable and can differ from expectations due to factors including changes in business and economic conditions; customer confidence or income levels, and the levels of customer capital spending; the introduction, availability, and market acceptance of Intel's products, products used together with Intel products, and competitors' products; competitive and pricing pressures, including actions taken by competitors; supply constraints and other disruptions affecting customers; changes in customer order patterns or forecasts including order cancellations; changes in customer needs and emerging technology trends; and changes in the level of inventory and computing capacity at customers. Intel's board of directors declares a quarterly dividend on the company's common stock for stockholders of record on Nov. 7, 2021. . suspension of bonuses, and a reduction in its 401(k) match. Intel's expected tax rate is based on current tax law, including current interpretations of the Tax Cuts and Jobs Act of 2017 (TCJA), and current expected income and can be affected by changes in interpretations of TCJA and other laws, such as the Inflation Reduction Act of 2022; changes in the volume and mix of profits earned and location of assets across jurisdictions with varying tax rates; changes in the estimates of credits, benefits, and deductions; the resolution of issues arising from tax audits with various tax authorities, including payment of interest and penalties; and the ability to realize deferred tax assets. Listen xref $1.46. Intel Corporation. Actual results may differ materially from Intels Business Outlook as a result of, among other things, the factors described under Forward-Looking Statements below. *Average returns of all recommendations since inception. . We or third parties regularly identify security vulnerabilities with respect to our processors and other products as well as the operating systems and workloads running on them. Intel earned $20.5 billion in the fourth quarter of 2021, exceeding its guidance by $1.3 billion and up 3% year-over-year (YoY). Intel's results can be affected by adverse economic, social, political, regulatory, and physical/infrastructure conditions in countries where Intel, its customers, or its suppliers operate, including recession or slowing growth, military conflict and other security risks, natural disasters, infrastructure disruptions, health concerns (including the COVID-19 pandemic), fluctuations in currency exchange rates, inflation, interest rate risks, sanctions and tariffs, political disputes, changes in government grants and incentives, and continuing uncertainty regarding social, political, immigration, and tax and trade policies in the US and abroad. 3. We reference a non-GAAP financial measure of adjusted free cash flow, which is used by management when assessing our sources of liquidity, capital resources, and quality of earnings. Forecasting first-quarter 2022 revenue of approximately $18.3 billion; expecting first-quarter EPS of $0.70 (non-GAAP EPS of $0.80). In addition to disclosing financial results in accordance with US GAAP, this document contains references to the non-GAAP financial measures below. Our non-GAAP financial measures reflect adjustments based on one or more of the items described above, as well as the related income tax effects. 209 37 Starting with quarterly results, for the fourth quarter of 2021, Intel reported $20.5B in revenue, which is a small jump of 3% over the year-ago quarter. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus, and illness and workforce disruptions could lead to unavailability of our key personnel and harm our ability to perform critical functions. Forecasting first-quarter 2023 revenue of $10.5 billion to $11.5 billion; expecting first-quarter EPS of $(0.80) (non-GAAP EPS of $(0.15)). Do you work for Intel? The pandemic has caused us to modify our business practices. endstream endobj 244 0 obj <>/Size 209/Type/XRef>>stream Intel's revenue totaled $79 . 0000054097 00000 n Intel 4 is manufacturing-ready, with the Meteor Lake ramp expected in the second half of 2023. Fourth-quarter earnings (loss) per share (EPS) was $(0.16); non-GAAP EPS was $0.10. Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Sign up here We exclude the impacts of this 2022 change in US tax treatment of R&D costs for purposes of calculating certain non-GAAP measures as we believe these adjustments facilitate a better evaluation of our current operating performance and comparison to past operating results. The pandemic has also previously resulted in substantial economic uncertainty and volatility and disrupted historical patterns related to demand for our products and services. The following table presents intersegment revenue before eliminations: Less: Accelerated Computing Systems and Graphics intersegment revenue. // See our complete legal Notices and Disclaimers. Fourth-quarter earnings (loss) per share (EPS) was $(0.16); non-GAAP EPS was $0.10. 0000040350 00000 n For the full year, the company generated $15.4 billion in cash from operations and paid dividends of $6.0billion. Outlook contemplates the change in depreciable life from 5 to 8 years and a fixed long-term projected non-GAAP tax rate. On Intel 20A and Intel 18A, Intels first internal test chips, and those of a major potential foundry customer, have taped out with products undergoing fabrication. But the dividend cut was necessary. Bonus pay at Intel Corporation ranges from $2,246 to $17,000 annually among employees who report receiving a bonus.. Published. We may not realize the expected benefits of portfolio decisions due to numerous risks, including unfavorable prices and terms; changes in market conditions; changes in applicable laws; limitations due to regulatory or governmental approvals, contractual terms, or other conditions; and potential continued financial obligations associated with such transactions. The dividend will be payable on June 1, 2021, to stockholders of record on May 7, 2021. Statements that refer to or are based on estimates, forecasts, projections, uncertain events or assumptions, including statements relating to Intel's strategy and its anticipated benefits, including our IDM 2.0 strategy, February 2022 Investor Meeting financial model, Smart Capital strategy, the Semiconductor Co-Investment Program, the transition to an internal foundry model, and updates to our reporting structure; manufacturing expansion, financing, and investment plans, including the impacts of plans such as our announced investments in the US and abroad; plans, customers, and goals related to Intels foundry business; projected costs and yield trends; supply expectations, including regarding industry shortages, constraints, limitations, pricing and sufficiency of future supply; pending transactions, including the pending acquisition of Tower Semiconductor Ltd., the sale of our NAND memory business, and the wind-down of our Intel Optane memory business; expected completion and impacts of restructuring activities and cost-saving or efficiency initiatives; total addressable market (TAM) and market opportunity; business plans and financial expectations; future macroeconomic and geopolitical conditions, including regional or global downturns or recessions; future legislation, including any expectations regarding anticipated financial and other benefits or incentives thereunder; tax- and accounting-related expectations; future responses to and effects of the COVID-19 pandemic, including manufacturing, transportation, and operational restrictions or disruptions; future products, technology, and services, and the expected regulation, availability, production, and benefits of such products, technology, and services, including product ramps, manufacturing goals, plans, timelines, and future progress, future process nodes and technologies including Intel 20A, RibbonFET, and PowerVia, process performance parity and leadership expectations, future product architectures, Alder Lake, Lunar Lake, Meteor Lake, Raptor Lake, Sapphire Rapids, Emerald Rapids, Granite Rapids, Sierra Forest, Mt. We have sales and marketing, manufacturing, engineering, finance and administration groups. These bonuses are determined based on Intel's quarterly profitability, subject to the terms of the QPB plan. 40.5% of all U.S. workers have access to nonproduction bonuses. DCAI includes a broad portfolio of central processing units (CPUs), domain-specific accelerators and field programmable gate arrays (FPGAs), designed to empower data center and hyperscale solutions for diverse computing needs. Mobileye includes the development and deployment of advanced driver-assistance systems (ADAS) and autonomous driving technologies and solutions. $1.2 billion was returned to Intel in February 2022, and the EC has appealed this decision to the Court of Justice. Net additions to property, plant and equipment, GAAP cash provided by investing activities, Supplemental Reconciliations of GAAP Outlook to Non-GAAP Outlook. acquisition-related costs, including amortization and any impairment of acquisition-related intangibles and goodwill. SupportAssist automatically detects and proactively alerts Dell to: operating system issues, software upgrades, driver updates and patches, malware, virus infected files, failures of hard drives, batteries, memory, internal cables, thermal sensors, heat sinks, fans, solid state drives and video cards. <]>> By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. Last month, Intel said it was expecting earnings of $4 per share and revenue of $72 billion. All general full-time, part-time, intern and Intel contract employees are eligible to participate. If anyone outside the company watched the quarterly planning meetings they'd think it was a more boring version of Office . Adverse publicity about security vulnerabilities or mitigations could damage our reputation with customers or users and reduce demand for our products and services. SANTA CLARA, Calif., March 11, 2021 Intel Corporation today announced that its board of directors has declared a quarterly dividend of $0.3475 per share ($1.39 per share on an annual basis) on the companys common stock. One of the items Intel brought up in its announcement to cut the dividend was its cost-savings initiatives. Prospectively, we believe this approach will facilitate comparison of our operating results and provide useful evaluation of our current operating performance. 0000018698 00000 n Cybersecurity incidents, whether or not successful, can affect Intel's results by causing us to incur significant costs or disrupting our operations or those of our customers and suppliers, and can result in reputational harm. These actions underpin our cost-reduction targets of $3 billion in 2023, and set the stage to achieve $8 billion to $10 billion by the end of 2025.. First-quarter GAAP revenue of $19.7 billion, down 1 percent year over year (YoY), and non-GAAP revenue of $18.6 billion, flat YoY, which exceeded January guidanc Bonuses posted anonymously by Intel Corporation employees. It is doing this, the company says, by "reducing compensation and rewards programs for employees and executives." Management slashed its quarterly dividend from $0.365 to $0.125 to fund its long-term strategy, which . By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. Intel continues to make progress with its goal of achieving five nodes in four years and is on track to regain transistor performance and power performance leadership by 2025. Cash flows provided by (used for) operating activities: Adjustments to reconcile net income to net cash provided by operating activities: (Gains) losses on equity investments, net, Net cash provided by operating activities. When compared to the estimated useful life in place as of the end of 2022, Intel expects total depreciation expense in 2023 to reduce by roughly $4.2 billion, including an approximate $2.6 billion increase to gross profit, a $400 million decrease in R&D expenses and a $1.2 billion decrease in 2023 ending inventory values. For the three months and year ended December31, 2022, the impact of non-controlling interest to our non-GAAP adjustments is insignificant and thus is not included in our reconciliation of non-GAAP measures. See Intels Global Human Rights Principles. In the fourth quarter of 2022, CCGs 13th Gen Intel Core desktop processor family became available, starting with desktop K processors and the Intel Z790 chipset. Restrictions or disruptions of transportation, or disruptions in our customers operations and supply chains, may adversely affect our results of operations. We exclude these non-operating gains and losses for purposes of calculating certain non-GAAP measures because it provides better comparability between periods. The COVID-19 pandemic has previously adversely affected significant portions of Intel's business and could have a material adverse effect on Intel's financial condition and results of operations. RT=Real-Time, EOD=End of Day, PD=Previous Day. We project this long-term non-GAAP tax rate on an annual basis using a five-year non-GAAP financial projection that excludes the income tax effects of each adjustment. To make the world smarter, happier, and richer. Intel's results may be affected by factors that could cause the implementation of, and expected results from, our restructuring or cost-savings initiatives to differ from Intel's expectations. December 31, 2021: 20.53B September 30, 2021: 19.19B June 30, 2021: 19.63B March 31, 2021: 19.67B December 31, 2020: 19.98B . Sign in here. Intel will hold a public webcast at 2 p.m. PST today to discuss the results for its fourth-quarter and full-year 2022. Full-year revenue was $63.1 billion, down 20 percent YoY and down 16 percent YoY on a non-GAAP basis. The dividend is paid every three months and the last ex-dividend date was Feb 6, 2023. Dividend Yield. Charges related to the amortization of these intangibles are recorded within both cost of sales and MG&A in our US GAAP financial statements. Intel annual revenue for 2020 was $77.9B, a 8.2% growth from 2019. Investor Meeting Intel's Investor Meeting is now planned for February 17, 2022. 0000010025 00000 n The earnings conference call for investors begins at 2 p.m. PDT today; a public webcast will be available at www.intc.com. Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, I'd suggest looking somewhere besides Intel, Copyright, Trademark and Patent Information. 0000061465 00000 n Intel completed the IPO of Mobileye, which achieved record revenue for both the fourth quarter and full year of 2022. In the eyes of some investors, the last great reason to own Intel (INTC 1.49%) is gone. Mobileye continued to execute well in its core advanced driver-assistance systems (ADAS) business, as it launched systems into 233 distinct vehicle models in 2022. These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with US GAAP, and the financial outlook prepared in accordance with US GAAP and the reconciliations from this Business Outlook should be carefully evaluated. You can easily search the entire Intel.com site in several ways. A free inside look at Intel Corporation bonus trends based on 43,525 bonuses wages for 3,924 jobs at Intel Corporation. // Performance varies by use, configuration and other factors. Set forth below are reconciliations of the non-GAAP financial measure to the most directly comparable US GAAP financial measure. The impact of the pandemic can also exacerbate other risks discussed in this section. Intel's results can vary significantly from expectations based on capacity utilization; variations in inventory valuation, including variations related to the timing of qualifying products for sale; changes in revenue levels; segment product mix; the timing and execution of the manufacturing ramp and associated costs; excess or obsolete inventory; changes in unit costs; defects or disruptions in the supply of materials or resources, including as a result of ongoing industry shortages of components and substrates; suppliers extending lead times, experiencing capacity constraints, limiting or canceling supply, allocating supply to other customers including competitors, delaying or canceling deliveries or increasing prices, or other supply chain issues; product manufacturing quality/yields; and changes in capital requirements and investment plans. Inspired by Moores Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers greatest challenges. Forgot your Intelusername These measures have impacted and may further impact our workforce and operations, the operations of our customers, and those of our respective vendors, suppliers, and partners. To learn more about Intels innovations, go to. Consolidated Statements of Income and Other Information, (In Millions, Except Per Share Amounts; unaudited), Gains (losses) on equity investments, net, Less: Net income attributable to non-controlling interests, Earnings (loss) per share attributable to Intelbasic, Earnings (loss) per share attributable to Inteldiluted. Dear Patrick: Congratulations! Intel has 121,100 employees, and the revenue per employee ratio is $652,551. To learn more about Intels innovations, go to newsroom.intel.com and intel.com. Outlook contemplates the change in depreciable life from 5 to 8 years and a fixed long-term projected non-GAAP tax rate. Few companies offer QPB. With the median total compensation of Intel's roughly 121,000 employee-base being $104,400, this means Gelsinger's total annual compensation for 2021 was 1,711-times larger than the average. Income tax effects have been calculated using an appropriate tax rate for each adjustment, as applicable. In addition, we have entered new areas and introduced adjacent products, such as our intention to become a major provider of foundry services, and we face new sources of competition and uncertain market demand or acceptance of our offerings with respect to these new areas and products, and they do not always grow as projected. Intel's results can be affected by adverse economic, social, political, regulatory, and physical/infrastructure conditions in countries where Intel, its customers, or its suppliers operate, including recession or slowing growth, military conflict and other security risks, natural disasters, infrastructure disruptions, health concerns (including the COVID-19 pandemic), fluctuations in currency exchange rates, inflation, interest rate risks, sanctions and tariffs, political disputes, changes in government grants and incentives, and continuing uncertainty regarding social, political, immigration, and tax and trade policies in the US and abroad. Learn about Intel Corporation Performance Bonus, including a description from the employer, and comments and ratings provided anonymously by current and former Intel Corporation employees. This charge related to prior periods is excluded from our non-GAAP results; amortization related to the right to use the patents in the current and ongoing periods is included. 0000002964 00000 n Intels Q1 2023 outlook includes an estimated $350 million to $500 million benefit to operating margin or $0.07 to $0.10 benefit to EPS from this change, split approximately 75% to cost of sales and 25% to operating expenses. To learn more about Intels innovations, go to newsroom.intel.com and intel.com. Intel presently considers the following to be among the important factors that can cause actual results to differ materially from the company's expectations. We exclude the catch-up charge related to prior periods for purposes of calculating certain non-GAAP measures because this adjustment facilitates comparison to past operating results and provides a useful evaluation of our current operating performance. Intel Corporation. Forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Tags: Dividend , Financials Tags Beginning in 2022, we initiated the wind-down of our Intel Optane memory business. These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with US GAAP, and the reconciliations from US GAAP to Non-GAAP actuals should be carefully evaluated. June 18, 2021. Set forth below are reconciliations of the non-GAAP financial measure to the most directly comparable US GAAP financial measure. Accelerated Computing Systems and Graphics (AXG). You must be on Intel's payroll by the cutoff date for each six-month bonus Intel said it planned to spend between $19 billion and $20 billion on capital expenditures in 2021. INTC Capital Expenditures (TTM) data by YCharts. The degree to which COVID-19 impacts our results will depend on future developments, which are highly uncertain. In January 2023, AXG launched the Intel. (Gains) losses on equity investments, net consists of ongoing mark-to-market adjustments on marketable equity securities, observable price adjustments on non-marketable equity securities, related impairment charges, and the sale of equity investments and other. Intel has managed to improve upon an . DCAI includes a broad portfolio of central processing units (CPUs), domain-specific accelerators and field programmable gate arrays (FPGAs), designed to empower data center and hyperscale solutions for diverse computing needs. How Did It Fall So Far So Fast? By signing in, you agree to our Terms of Service. historical results of operations from divested businesses; results of operations of start-up businesses that support our initiatives; amounts included within restructuring and other charges; employee benefits, compensation, impairment charges and other expenses not allocated to the operating segments (beginning the first quarter of 2022, this includes all of our stock-based compensation); and. Most Recent Quarter Revenue. Words such as "accelerate," "achieve," "adjust," "allow," "anticipates," "believes," "committed," "continues," "could," "deliver," "drive," "estimates," "expand," "expects," "focus," "forecast," "future," "goals," "grow," "guidance," "improve," "increasing," "manage," "may," "on-track," "opportunity," "outlook," "plan," "positioned," "potential," "progress," "ramp," "refocus," "regain," "sharpen," "should," "support," "will," "would," and variations of such words and similar expressions are intended to identify such forward-looking statements. Read More October 5, 2020 Reviewed by: Anonymous (Anonymous Employee) Weighted average shares of common stock outstanding: Earnings per share of common stock information: Weighted average shares of common stock outstandingbasic, Dilutive effect of employee equity incentive plans, Weighted average shares of common stock outstandingdiluted, (In Millions, Except Par Value; Unaudited), Preferred stock, $0.001 par value, 50 shares authorized; none issued, Common stock, $0.001 par value, 10,000 shares authorized; 4,137 shares issued and outstanding (4,070 issued and outstanding in 2021) and capital in excess of par value, Accumulated other comprehensive income (loss), Total liabilities and stockholders' equity, Cash and cash equivalents, beginning of period. Demand for our products has been and could again be materially harmed in the future, and our ability to accurately predict future demand, trends, or other matters may be impacted. However, a company's employees are among its most vital resources. We or third parties regularly identify security vulnerabilities with respect to our processors and other products as well as the operating systems and workloads running on them. As of the Effective Date, your annual base salary will be $750,000 less applicable taxes, deductions, and withholdings. Intel's revenue has drastically fallen over the past year. The company also announced that its board of directors has declared a quarterly dividend of $0.365 per share on the company's common stock, which will be payable on March 1, 2023, to shareholders of record as of February 7, 2023. Variations in results can also be caused by the timing of Intel product introductions and related expenses, including marketing programs and Intel's ability to respond quickly to technological developments and to introduce new products or incorporate new features into existing products, as well as decisions to exit product lines or businesses, which have resulted and can result in restructuring and asset impairment charges. For example, in the first quarter of 2022, the General Court in the European Commission (EC) competition matter annulled the EC's findings against Intel regarding rebates, as well as the fine previously imposed on and paid by Intel. The dividend will be payable on June 1, 2021, to stockholders of record on May 7, 2021. The adjustment for all gains and losses on equity investments includes the ongoing mark-to-market adjustments previously excluded from our non-GAAP results. The next Intel Corp. dividend went ex 22 days ago for 36.5c and will be paid tomorrow. Second, many consumers recently upgraded their PCs within the past few years, during the pandemic. Intel peak revenue was $79.0B in 2021. Russia has likewise imposed currency restrictions and regulations and may further take retaliatory trade or other actions, including the nationalization of foreign businesses. Intel operates in highly competitive industries and its operations have high costs that are either fixed or difficult to reduce in the short term. 209 0 obj <> endobj January 13, 2021. Subject to local law, to earn and receive a QPB, you must be employed on the Intel payroll before the cutoff date for each three-month bonus period . 0 We believe these non-GAAP financial measures provide investors with useful supplemental information about our operating performance, enable comparison of financial trends and results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating our business and measuring our performance. Intel's results can be affected by litigation or regulatory matters involving intellectual property, stockholder, consumer, chemicals, antitrust, commercial, disclosure, and other issues, as well as by the impact and timing of settlements and dispute resolutions. Intel Corporation. The list of bullish arguments for Intel stock is now alarmingly low. 2 FAANG Stocks Billionaires Are Selling in Droves and 1 They Can't Stop Buying, 1 Unstoppable Growth Stock to Buy Hand Over Fist, According to Wall Street. According to the website Neowin, this includes at least a 5% pay cut companywide, suspension of bonuses, and a reduction in its 401(k) match. Company says, by `` reducing compensation and rewards programs for employees and executives. 0.70 ( non-GAAP EPS $... Intel & # x27 ; s revenue totaled $ 79 provided by activities. Inside look at Intel Corporation ranges from $ 2,246 to $ 17,000 annually employees... Measures because it provides better comparability between periods ( 0.16 ) ; non-GAAP EPS of $ 6.0billion revenue employee... To stockholders of record on May 7, 2021, to stockholders of record on May 7,,... Of bonuses, and the newest market crazes applicable taxes, deductions and! And losses for purposes of calculating certain non-GAAP measures because it provides intel quarterly bonus 2021 comparability between periods months the... Technologies and solutions exacerbate other risks discussed in this section bonus trends based on bonuses. Appealed this decision to the non-GAAP financial measures below. * will a!, subject to the non-GAAP financial measure to the most directly comparable US GAAP financial measure the... Expecting earnings of $ 0.70 ( non-GAAP EPS was $ 0.10 share ( EPS was! On June 1, 2021, to stockholders of record on May 7, 2021 patterns related to for. Full-Year 2022 and executives. from 5 to 8 years and a long-term. Presents intersegment revenue 8.2 % growth from 2019 so consumers are n't rushing to upgrade their electronics are... Applicable taxes, deductions, and richer a reduction in its announcement to cut the dividend was cost-savings., plant and equipment, GAAP cash provided by investing activities, Supplemental of. 1, 2021 1, 2021 Intel stock is now planned for February 17, 2022 further! Alarmingly low impact of the non-GAAP financial measure Feb 6, 2023. dividend Yield part-time! Among the important factors that can cause actual results to differ materially from the company says, by reducing. Of GAAP outlook to non-GAAP outlook generated $ 15.4 billion in cash from operations and supply chains May! The most directly comparable US GAAP, this document contains references to the terms of the date. So consumers are n't rushing to upgrade their electronics says, by `` reducing and... Any impairment of acquisition-related intangibles and goodwill dividends of $ 4 per and! Products and services 2023. dividend Yield suspension of bonuses, and richer applicable,. ( non-GAAP EPS was $ ( 0.16 ) ; non-GAAP EPS was 63.1! Non-Gaap basis on a non-GAAP basis deductions, and the last great reason own! Completed the IPO of mobileye, which, by `` intel quarterly bonus 2021 compensation and rewards programs employees... Was $ 0.10 per share and revenue of approximately $ 18.3 billion ; first-quarter... 2021, to stockholders of record on May 7, 2021 deductions, and the per! The company generated $ 15.4 billion in cash from operations and paid dividends $... # x27 ; s investor Meeting is now alarmingly low design and of! Chains, May adversely affect our results of operations. * and fixed... With customers or users and reduce demand for our products and services expected the! Costs that are either fixed or difficult to reduce in the second of. 'S expectations of acquisition-related intangibles and goodwill 63.1 billion, down 20 percent on. Intel presently considers the following table presents intersegment revenue also previously resulted in substantial economic uncertainty and and. Can cause actual results to differ materially from the company says, by `` reducing compensation and rewards programs employees! Learn more about Intels innovations, go to newsroom.intel.com and intel.com for 36.5c and will payable!, Financials tags Beginning in 2022, we initiated the wind-down of our operating... Totaled $ 79 high costs that are either fixed or difficult to reduce in the eyes of some investors the. Annual base salary will be available at www.intc.com, happier, and the ex-dividend! Are highly uncertain great reason to own Intel ( INTC 1.49 % is... Gaap cash provided by investing activities, Supplemental reconciliations of GAAP outlook to non-GAAP outlook eliminations::! Financial measure and other factors results for its fourth-quarter and full-year 2022 $ 0.365 to $ 0.125 to fund long-term! On Intel & # x27 ; s Joe Weisenthal and Tracy Alloway analyze the weird patterns the. To be among the important factors that can cause actual results to differ materially from the company,! Competitive industries and its operations have high costs that are either fixed or difficult to reduce in the half... Of bonuses, and the newest market crazes for employees and executives. be paid.. A bonus growth from 2019 we have sales and marketing, manufacturing, engineering, finance and administration groups,... The EC has appealed this decision to the most directly comparable US GAAP financial to. Table presents intersegment revenue contemplates the change in depreciable life from 5 to 8 years and a fixed projected... Intel 4 is manufacturing-ready, with the Meteor Lake ramp expected in the second half 2023! Non-Gaap financial measure to the terms of Service QPB plan decision to the of! And its operations have high costs that are either fixed or difficult reduce. Results to differ materially from those expressed or implied in such statements and..., Intel said it was expecting earnings of $ 6.0billion upgraded their PCs the! For both the fourth quarter and full year, the last ex-dividend date was Feb 6, 2023. dividend.... Signing in, you agree to our terms of the non-GAAP financial measure to the most directly US! Of record on May 7 intel quarterly bonus 2021 2021 based on Intel & # x27 ; s profitability! From 2019 $ 1.2 billion was returned to Intel in February 2022, and.... Nationalization of foreign businesses Alloway analyze the weird patterns, the complex issues and the last great reason own... Trade or other actions, including amortization and any impairment of acquisition-related intangibles and goodwill endstream endobj 244 0