TweakTown
Tech content trusted by users in North America and around the world
6,139 Reviews & Articles | 39,451 News Posts
Weekly Giveaway: Win an Antec Case, PSU and Cooler (Global Entry!)

Intel Announces Second Quarter Revenue

Intel Reports Second-Quarter Results

 

Second-Quarter Revenue $8.0 Billion, Up 12 Percent Sequentially

 

Gross Margin 51 Percent, Up 5.5 Points Sequentially

 

Charge of $1.45 Billion Associated with the European Commission (EC) Fine

 

Non-GAAP Operating Income $1.4 Billion, GAAP Operating Loss $12 Million

 

Non-GAAP Net Income $1.0 Billion, GAAP Net Loss $398 Million

 

Non-GAAP Earnings Per Share 18 Cents, GAAP Loss Per Share 7 Cents

 

(note: Non-GAAP Figures Exclude Only the EC Fine)

 


SANTA CLARA, Calif., July 14, 2009 - Intel Corporation today reported second-quarter revenue of $8.0 billion. Excluding the effects of the European Commission fine, the company had non-GAAP operating income of $1.4 billion, net income of $1.0 billion and EPS of 18 cents. On a GAAP-basis, the company reported an operating loss of $12 million, a net loss of $398 million and a loss per share of 7 cents.

 

"Intel's second-quarter results reflect improving conditions in the PC market segment with our strongest first- to second-quarter growth since 1988 and a clear expectation for a seasonally stronger second half," said Paul Otellini, Intel president and CEO. "Intel's strategy of investing in new technologies and innovative products, combined with ongoing focus on operating efficiencies, continues to yield benefits that are evident in our strengthening financial performance."

 

To read the complete earnings release,click here

 

Related Tags

Further Reading: Read and find more Business, Financial & Legal press releases at our Business, Financial & Legal PR index page.

Do you get our RSS feed? Get It!

Got an opinion? Post a comment below!

Latest Tech News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases