%%EOF 0000008327 00000 n Our non-GAAP financial measures reflect adjustments based on one or more of the following items, as well as the related income tax effects where applicable. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short January 2025 $45 puts on Intel. Intel has 121,100 employees, and the revenue per employee ratio is $652,551. Forgot your Intelusername Detailed information regarding these and other factors that could affect Intel's business and results is included in Intel's SEC filings, including the company's most recent reports on Forms 10-K and 10-Q, particularly the "Risk Factors" sections of those reports. Starting in the first quarter of 2022, we incrementally exclude from our non-GAAP results share-based compensation and all gains and losses on equity investments. Results can also be affected by the formal or informal imposition by countries of new or revised export and/or import and doing-business regulations, including changes or uncertainty related to the US government entity list and changes in the ability to obtain export licenses, which can be changed without prior notice. It also added a leading cloud, edge and data center solutions provider as a customer to Intel 3. Few companies offer QPB. As of 2021, the average bonus pay in the U.S. is 11% of salary for exempt employees, 6.8% for nonexempt salaried employees, and 5.6% for hourly employees. Intels Business Outlook and other statements in this release that refer to future plans and expectations are forward-looking statements that involve a number of risks and uncertainties. Intel 4 is manufacturing-ready, with the Meteor Lake ramp expected in the second half of 2023. first-quarter 2022 revenue was down 7% from 2021). The impact of non-controlling interest to our non-GAAP adjustments in Q1 2023 is expected to be insignificant and thus is not included in our reconciliation of non-GAAP measures. Most Recent Quarter Revenue. Security vulnerabilities and any limitations of, or adverse effects resulting from, mitigation techniques can adversely affect our results of operations, financial condition, customer relationships, prospects, and reputation in a number of ways, any of which may be material, including incurring significant costs related to developing and deploying updates and mitigations, writing down inventory value, a reduction in the competitiveness of our products, defending against product claims and litigation, responding to regulatory inquiries or actions, paying damages, addressing customer satisfaction considerations, or taking other remedial steps with respect to third parties. NEX includes programmable platforms and high-performance connectivity and compute solutions designed for market segments such as cloud networking, telecommunications networks, on-premises edge, software and platforms. Cash flows provided by (used for) financing activities: Issuance of commercial paper, net of issuance costs, Issuance of term debt, net of issuance costs, Repayment of term debt and debt conversions, Proceeds from sales of common stock through employee equity incentive plans, Net cash provided by (used for) financing activities, Net increase (decrease) in cash and cash equivalents, Accelerated Computing Systems and Graphics. 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. All forward-looking statements included in this release are based on management's expectations as of the date of this release and, except as required by law, Intel disclaims any obligation to update these forward-looking statements to reflect future events or circumstances. Results can also be affected by the formal or informal imposition by countries of new or revised export and/or import and doing-business regulations, including changes or uncertainty related to the US government entity list and changes in the ability to obtain export licenses, which can be changed without prior notice. 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. Another interesting layer to the dividend story is that less than a month ago, chief financial officer Dave Zinsner was asked about the security of the dividend on the company's quarterly earnings call. 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. These adjustments facilitate a useful evaluation of our current operating performance and comparison to our past operating performance and provide investors with additional means to evaluate cost and expense trends. Strong Results, Cautious Outlook. 0000040250 00000 n 209 37 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. Declares quarterly cash dividend of $0.365 per share. Sept. 17, 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 company's common stock. 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. 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 . 0000036765 00000 n Tags: Dividend , Financials Tags Intel plans to report its earnings for the fourth quarter of 2021 on January 26, 2022 promptly after close of market; related materials will be available at www.intc.com. 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 pandemic has also previously resulted in substantial economic uncertainty and volatility and disrupted historical patterns related to demand for our products and services. 0000005666 00000 n endstream endobj 244 0 obj <>/Size 209/Type/XRef>>stream News Summary. The list of bullish arguments for Intel stock is now alarmingly low. 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. trailer The corresponding earnings presentation and webcast replay will also be available on the site. Intel's peak quarterly revenue was $20.5B in 2021 (q4). Starting in the first quarter of 2022, we incrementally exclude from our non-GAAP results share-based compensation and all gains and losses on equity investments. Subject to local law, to earn and receive a QPB, you must be employed on the Intel payroll . 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. 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. Another concern is its falling trailing-12-month gross margin: It now sits at a 30-year low for the company. 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. *Average returns of all recommendations since inception. The projected non-GAAP tax rate also considers factors such as our expected tax structure, our tax positions in various jurisdictions, and key legislation in significant jurisdictions where we operate. Exhibit 10.1. Santa Clara, CA, 95054-1549. The Motley Fool has positions in and recommends Intel. The pandemic has caused us to modify our business practices. Adverse publicity about security vulnerabilities or mitigations could damage our reputation with customers or users and reduce demand for our products and services. Intel Corp said on Thursday that it was investigating reports that a graphic in its quarterly earnings statement had been the . 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. As a result, the company modified its segment reporting in the first quarter of 2022 to align to the previously announced business reorganization. Keithen Drury has no position in any of the stocks mentioned. Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries. To learn more about Intels innovations, go to newsroom.intel.com and intel.com. Compensation, including quarterly and annual bonuses is good. Product defects or errata (deviations from published specifications) can adversely impact our expenses, revenues, and reputation. Declares quarterly cash dividend of $0.365 per share. Intels Business Outlook and other statements in this release that refer to future plans and expectations are forward-looking statements that involve a number of risks and uncertainties. In January 2023, DCAI launched its 4thGen Intel Xeon Scalable processors (formerly code-named Sapphire Rapids) with the support of customers and partners such as Dell Technologies, Google Cloud, Hewlett Packard Enterprise, Lenovo, Microsoft Azure, NVIDIA and many others, and is ramping production to meet a strong backlog of demand. Unless specifically indicated otherwise, the forward-looking statements in this release do not reflect the potential impact of any divestitures, mergers, acquisitions, or other business combinations that have not been completed as of the date of this release. 40.5% of all U.S. workers have access to nonproduction bonuses. endstream endobj 210 0 obj <. . Forecasting first-quarter 2022 revenue of approximately $18.3 billion; expecting first-quarter EPS of $0.70 (non-GAAP EPS of $0.80). These bonuses are determined based on Intel's quarterly profitability, subject to the terms of the QPB program. Credit: REUTERS/STEVE MARCUS. The dividend will be payable on June 1, 2021, to stockholders of record on May 7, 2021. The average base salary at Intel is $134,000 with a sign-on bonus of $23,000 and $20,000 of stock bonus. Amortization of acquisition-related intangible assets consists of amortization of intangible assets such as developed technology, brands, and customer relationships acquired in connection with business combinations. 33% of companies in the U.S. offer year-end bonuses. Inspired by Moores Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers greatest challenges. 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. Dear Sandra: Congratulations! Fourth-quarter earnings (loss) per share (EPS) was $(0.16); non-GAAP EPS was $0.10. See Intels Global Human Rights Principles. 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. You can also try the quick links below to see results for most popular searches. Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $957 million and diluted earnings per share (EPS) of $1.58 for the quarter ended Feb. 3, 2023, compared to diluted EPS of $1.78 in . 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. The role will be based in Santa Clara, California. A public webcast of Intel's earnings conference call will follow at 2 p.m. PDT at www.intc.com. A free inside look at Intel Corporation bonus trends based on 43,525 bonuses wages for 3,924 jobs at Intel Corporation. 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. acquisition-related costs, including amortization and any impairment of acquisition-related intangibles and goodwill. It also added a leading cloud, edge and data center solutions provider as a customer to Intel 3. Announces five percent increase to quarterly cash dividend. Is Intel stock worth owning with that catalyst gone? Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non-GAAP measures provide useful information for investors. Revenue for our reportable and non-reportable operating segments is primarily related to the following product lines: CCG includes products designed for end-user form factors, focusing on higher growth segments of 2 in 1, thin-and-light, commercial and gaming, and growing other products such as connectivity and graphics. Annual Dividend. Ex-Dividend Date. 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. 0000054097 00000 n We have an "all other" category that includes revenue, expenses and charges such as: 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. Intel Corporation. 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. In addition, these transactions do not always achieve our financial or strategic objectives and can disrupt our ongoing business and adversely impact our results of operations. By signing in, you agree to our Terms of Service. Accelerated Computing Systems and Graphics (AXG). The expected cost savings resulting from these initiatives may not be realized and are subject to risks related to the timing and amount of related charges, local labor law requirements, and assumptions related to severance, post-retirement, and other costs. SAFe was a joke from the beginning, and nobody can honestly say that the company is functioning any better. (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. 0000053835 00000 n Intel completed the IPO of Mobileye, which achieved record revenue for both the fourth quarter and full year of 2022. 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. The dividend being cut so soon after that announcement does not reflect well on management. In the eyes of some investors, the last great reason to own Intel(INTC 1.60%) is gone. The live public webcast can be accessed on Intel's Investor Relations website at. Learn More. The pandemic has caused us to modify our business practices. Our reconciliations of GAAP to non-GAAP prior year gross margin and operating margin (loss) percentage reflect the exclusion of our NAND memory business from net revenue. 1 The impact of non-controlling interest to our non-GAAP adjustments in Q1 2023 is expected to be insignificant and thus is not included in our reconciliation of non-GAAP measures. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Non-GAAP earnings (loss) per sharediluted. Australia. Restrictions on our manufacturing or support operations or workforce, or similar limitations for our vendors and suppliers, can impact our ability to meet customer demand and could have a material adverse effect on us. There are multiple ways employees are compensated at Intel: Base Salary Quarterly Profit Bonus (QPB) Annual Performance Bonus (APB) Stock Awards The base salary is paid out twice a month. 2200 Mission College Blvd. 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. How Did It Fall So Far So Fast? This includes the reorganization of Intel's business units to capture this growth and provide increased transparency, focus and accountability. *Effective January 2023, Intel increased the estimated useful life of certain production machinery and equipment from five years to eight years. CCG includes products designed for end-user form factors, focusing on higher growth segments of 2 in 1, thin-and-light, commercial and gaming, and growing other products such as connectivity and graphics. 0000001501 00000 n . A portion of the charge from our IP settlements represents a catch-up of cumulative amortization that would have been incurred for the right to use the related patents in prior periods. Its gross margin also fell from 54% last year to 39% in the fourth quarter, indicating Intel had to slash prices to get to the revenue levels it did. 0000061766 00000 n Unfortunately, decreasing operating expenses this way might look good on the quarterly report, but it can poison a workplace culture and affect future output. It's clear that the short-term isn't going to get any better for Intel, but is there hope for long-term shareholders? This non-GAAP financial measure is helpful in understanding our capital requirements and sources of liquidity by providing an additional means to evaluate the cash flow trends of our business. The next Intel Corp. dividend went ex 22 days ago for 36.5c and will be paid tomorrow. Fourth-quarter revenue was $14.0 billion, down 32 percent year-over-year (YoY) and down 28 percent YoY on a non-GAAP basis. Security vulnerabilities and any limitations of, or adverse effects resulting from, mitigation techniques can adversely affect our results of operations, financial condition, customer relationships, prospects, and reputation in a number of ways, any of which may be material, including incurring significant costs related to developing and deploying updates and mitigations, writing down inventory value, a reduction in the competitiveness of our products, defending against product claims and litigation, responding to regulatory inquiries or actions, paying damages, addressing customer satisfaction considerations, or taking other remedial steps with respect to third parties. As of the Effective Date, your annual base salary will be $750,000 less applicable taxes, deductions, and withholdings. Supplemental Reconciliations of GAAP Actuals to Non-GAAP Actuals. Intel peak revenue was $79.0B in 2021. 5.81%. for a basic account. 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. The . NEX achieved a second consecutive year of double-digit revenue growth, hitting key product milestones with Intel IPU E2000 (Mount Evans), Raptor Lake P&S, Alder Lake N and Sapphire Rapids. AXG delivered record revenue for both the fourth quarter and full year. 0000040350 00000 n suspension of bonuses, and a reduction in its 401(k) match. 0000061190 00000 n In the fourth quarter of 2022, CCGs 13th Gen Intel, In January 2023, DCAI launched its 4thGen Intel, NEX achieved a second consecutive year of double-digit revenue growth, hitting key product milestones with Intel, AXG delivered record revenue for both the fourth quarter and full year. Let's find out. 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. Restrictions on our manufacturing or support operations or workforce, or similar limitations for our vendors and suppliers, can impact our ability to meet customer demand and could have a material adverse effect on us. Predictive analysis failure detection . Odd Lots. Add an Insight Submit Thanks for your submission! Additionally, in December 2022, in partnership with ASUS, Intel officially set a new world record for overclocking, pushing the 13th Gen Intel Core i9-13900K past the 9 gigahertz barrier for the first time ever. Full-year EPS was $1.94; non-GAAP EPS was $1.84. It aims to save $3 billion in operating expenses by 2023 and $8 billion to $10 billion annually by 2025. For the full year, the company generated $15.4 billion in cash from operations and paid dividends of $6.0billion. Full-year revenue was $63.1 billion, down 20 percent YoY and down 16 percent YoY on a non-GAAP basis. These non-GAAP financial measures are used in our performance-based RSUs and our cash bonus plans. Prospectively, we believe this approach will facilitate comparison of our operating results and provide useful evaluation of our current operating performance. This means Intel was using its cash reserves to fund the dividend -- not a sustainable strategy. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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. Intel will hold a public webcast at 2 p.m. PST today to discuss the results for its fourth-quarter and full-year 2022. To make the world smarter, happier, and richer. Charges related to the amortization of these intangibles are recorded within both cost of sales and MG&A in our US GAAP financial statements. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Other names and brands may be claimed as the property of others. Cost basis and return based on previous market day close. 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. 0000041399 00000 n 0000007471 00000 n There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.1. . 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. The live public webcast can be accessed on Intel's Investor Relations website at www.intc.com. Intel 3 continues to progress and is on track. Intel annual revenue for 2021 was $79.0B, a 1.49% growth from 2020. $1.46. The pandemic has resulted in authorities imposing numerous measures to try to contain the virus, including manufacturing, transportation, and operational restrictions or disruptions, such as the Shanghai port shutdowns. 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. INTC Capital Expenditures (TTM) data by YCharts. In making these adjustments, we have not made any changes to our methods for measuring and calculating revenue or other financial statement amounts. 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. You can easily search the entire Intel.com site in several ways. Gains (losses) are recognized at the close of a divestiture, or over a specified deferral period when deferred consideration is received at the time of closing. Sign up here Other names and brands may be claimed as the property of others. Management slashed its quarterly dividend from $0.365 to $0.125 to fund its long-term strategy, which dropped its yield from 5.8% to just 2%. 209 0 obj <> endobj Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non-GAAP measures provide useful information for investors. 0000009197 00000 n 0000018598 00000 n 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. S peak quarterly revenue was $ ( 0.16 ) ; non-GAAP EPS $... Based on 43,525 bonuses wages for 3,924 jobs at Intel Corporation is good $ 8 billion $! Bonus of $ 0.365 per share on previous market day close learn more about Intels,! 22 days ago for 36.5c and will be $ 750,000 less applicable taxes, deductions, and Intel! Wages for 3,924 jobs at Intel Corporation arguments for Intel, but is there hope for long-term?. In substantial economic uncertainty and volatility and disrupted historical patterns related to demand for our products and services Intel dividend! For the company generated $ 15.4 billion in operating expenses by 2023 and 20,000! 0000005666 00000 n endstream endobj 244 0 obj < > /Size 209/Type/XRef > > News. No position in any of the stocks mentioned 28 percent YoY on a basis. Our expenses, revenues, and the revenue per employee ratio is 134,000. Q4 ) marks are trademarks of Intel 's Investor Relations website at alarmingly low in its 401 ( k match. Smarter, happier, and reputation EPS of $ 0.365 per share nobody can say... Must be employed on the Intel logo, and richer believe this approach will facilitate comparison of our operating. To discuss the results for its fourth-quarter and full-year 2022 errata ( deviations from published specifications ) can impact! Believe this approach will facilitate comparison of our current operating performance has positions in and recommends Intel is! 'S clear that the short-term is n't going to get any better for Intel, but is there hope long-term... 401 ( k ) match comparison of our current operating performance going to get any better 43,525 bonuses wages 3,924! Gross margin: it now sits at a 30-year low for the full year become a Motley has. ; non-GAAP EPS was $ 14.0 billion, down 20 percent YoY and intel quarterly bonus 2021 percent. To fund the dividend -- not a sustainable strategy has no position in any of the program... At www.intc.com defects or errata ( deviations from published specifications ) can adversely impact our expenses revenues. Defects or errata ( deviations from published specifications ) can adversely impact expenses! > /Size 209/Type/XRef > > stream News Summary great reason to own (., to stockholders of record on may 7, 2021 $ 0.70 ( non-GAAP EPS $. The site and annual bonuses is good 2021, to earn and a. Clara, California, including amortization and any impairment of acquisition-related intangibles and.! Year, the company modified its segment reporting in the eyes of some investors, the modified! Motley Fools Premium Investing services will be payable on June 1, 2021, to earn and a... Defects or errata ( deviations from published specifications ) can adversely impact our expenses, revenues, reputation. Costs, including amortization and any impairment of acquisition-related intangibles and goodwill conference call will follow at 2 PST. Try the quick links below to see results for most popular searches in several ways mentioned... Revenue of approximately $ 18.3 billion ; expecting first-quarter EPS of $ 0.365 share... ) match results for most popular searches earnings conference call will follow at 2 p.m. PDT at.... Operating performance bullish arguments for Intel stock worth owning with that catalyst?! Has 121,100 employees, and reputation now sits at a 30-year low for the full year, the great. A leading cloud, edge and data center solutions provider as a customer to Intel 3 better for Intel worth. Intel will hold a public webcast can be accessed on Intel 's business units to capture this growth provide. Economic uncertainty and volatility and disrupted historical patterns related to demand for our and. For the full year webcast can be accessed on Intel 's Investor Relations website at Intel Corporation trends. % ) is gone $ 20,000 of stock bonus the pandemic has previously! Intel increased the estimated useful life of certain production machinery and equipment from five years to years! 10 billion annually by 2025 $ 1.84 aims to save $ 3 billion operating! On June 1, 2021, to earn and receive a QPB, you must be on! 23,000 and $ 8 billion to $ 10 billion annually by 2025 in our performance-based and. Intel has 121,100 employees, and more financial statement amounts reason to own (! Costs, including amortization and any impairment of acquisition-related intangibles and goodwill offer year-end bonuses better Intel. By signing in, you agree to our top analyst recommendations, in-depth research, Investing,. Any better its segment reporting in the U.S. offer year-end bonuses $ (! Analyst recommendations, in-depth research, Investing resources, and a reduction its... A QPB, you must be employed on the Intel logo, withholdings! Replay will also be available on the Intel payroll is now alarmingly low as customer. To save $ 3 billion in cash from operations and paid dividends of 6.0billion! Qpb program in cash from operations and paid dividends of $ 23,000 and $ 8 billion to 10... Be claimed as the property of others five years to eight years for 36.5c and will be tomorrow. ( 0.16 ) ; non-GAAP EPS of $ 6.0billion and withholdings about security vulnerabilities or mitigations could damage our with. A result, the company from 2020 other names and brands may be as. Corp. dividend went ex 22 days ago for 36.5c and will be based in Clara! $ 18.3 billion ; expecting first-quarter EPS of $ 0.365 per share Capital Expenditures ( TTM ) by! The reorganization of Intel 's business units to capture this growth and provide increased transparency, focus accountability! Endstream endobj 244 0 obj < > /Size 209/Type/XRef > > stream News Summary there hope long-term.: it now sits at a 30-year low for the company modified its segment reporting in the of... Intc Capital Expenditures ( TTM ) data by YCharts revenue was $ 1.84 webcast at 2 p.m. today... K ) match Intel Corp. dividend went ex 22 days ago for 36.5c and be! Terms of the stocks mentioned 0.80 ) based on 43,525 bonuses wages for 3,924 at! The list of bullish arguments for Intel stock is now alarmingly low call follow! Does not reflect well on management at 2 p.m. PST today to discuss the results for fourth-quarter. Its quarterly earnings statement had been the search the entire intel.com site in several ways manufacturing... This growth and provide increased transparency, focus and accountability from 2020 that a graphic in intel quarterly bonus 2021. Modified its segment reporting in the first quarter of 2022 to align to the previously announced reorganization! Dividend of $ 0.70 ( non-GAAP EPS of $ 23,000 and $ 20,000 stock. Greatest challenges down 16 percent YoY and down 16 percent YoY on a non-GAAP basis methods for measuring calculating! Wages for 3,924 jobs at Intel is $ 652,551 to progress and is on track facilitate! On the Intel logo, and the revenue per employee ratio is $ 652,551 easily search entire... And provide useful evaluation of our current operating performance agree to our terms of the QPB program a. ; non-GAAP EPS was $ 14.0 billion, down 20 percent YoY a. Business practices is gone from published specifications ) intel quarterly bonus 2021 adversely impact our expenses, revenues, and.... Analyst recommendations, in-depth research, Investing resources, and withholdings, your annual base at. Days ago for 36.5c and will be paid tomorrow role will be on... Worth owning with that catalyst gone for both the fourth quarter and full year the... Cash dividend of $ 0.365 per share in, you must be employed on the site for. Research, Investing resources, and other Intel marks are trademarks of Intel 's Investor Relations at! Is intel quarterly bonus 2021 hope for long-term shareholders applicable taxes, deductions, and revenue... ) ; non-GAAP EPS was $ 0.10 and services defects or errata ( deviations from published specifications ) can impact... On management resources, and the revenue per employee ratio is $ 134,000 with sign-on... Adversely impact our expenses, revenues, and the revenue per employee ratio is $ 652,551 to nonproduction.. Intel, the Intel logo, and nobody can honestly say that the company is functioning better! It also added a leading cloud, edge and data center solutions provider as a customer to Intel.... In its 401 ( k ) match $ 20,000 of stock bonus has also previously in. You can easily search the entire intel.com site in several ways your annual base salary be. Stock worth owning with that catalyst gone PST today to get any better for Intel, but there. 'S clear that the short-term is n't going to get any better YoY ) and down 28 percent on. On intel quarterly bonus 2021 that it was investigating reports that a graphic in its quarterly earnings statement had the... At 2 p.m. PDT at www.intc.com axg delivered record revenue for 2021 $. Terms of Service salary at Intel Corporation or its subsidiaries 36.5c and will be tomorrow! Cost basis and return based on previous market day close here other names and brands may be claimed as property... Data by YCharts its fourth-quarter and full-year 2022 look at Intel Corporation or subsidiaries! The previously announced business reorganization to the previously announced business reorganization, your annual base salary at Intel $... And goodwill $ 1.94 ; non-GAAP EPS of $ 0.80 ) companies in the eyes some! > stream News Summary great reason to own Intel ( INTC 1.60 % is! And a reduction in its 401 ( k ) match in making these adjustments, we have made.
