Intel Corporation today reported second-quarter revenue of $13.2 billion, operating income of $2.9 billion, net income of $2.7 billion and EPS of 55 cents. The company generated approximately $3.4 billion in cash from operations, paid dividends of $1.1 billion, and used $697 million to repurchase 22 million shares of stock.
"Second-quarter results demonstrate the transformation of our business as growth in data center, memory and IoT accounted for more than 70 percent of our operating profit and helped offset a challenging PC market," said Intel CEO Brian Krzanich. "We continue to be confident in our growth strategy and are focused on innovation and execution. We expect the launches of Skylake, Microsoft's Windows 10 and new OEM systems will bring excitement to client computing in the second half of 2015."
Intel's Business Outlook does not include the potential impact of any business combinations, asset acquisitions, divestitures, strategic investments and other significant transactions that may be completed after July 15.
- Revenue: $14.3 billion, plus or minus $500 million.
- Gross margin percentage: 63 percent, plus or minus a couple of percentage points.
- R&D plus MG&A spending: approximately $4.9 billion.
- Restructuring charges: approximately $175 million.
- Amortization of acquisition-related intangibles: approximately $70 million.
- Impact of equity investments and interest and other: approximately $100 million net gain.
- Depreciation: approximately $2.0 billion.
- Revenue: down approximately one percent.
- Gross margin percentage: 61.5 percent, plus or minus a couple of percentage points.
- R&D plus MG&A spending: $19.8 billion, plus or minus $400 million.
- Amortization of acquisition-related intangibles: approximately $265 million.
- Depreciation: $7.9 billion, plus or minus $100 million.
- Tax rate: approximately 26 percent for the third and fourth quarters.
- Full-year capital spending: $7.7 billion, plus or minus $500 million.
Recommended for You
Latest News Posts
- AMD revenues up 23% thanks to record SoC, GPU, APU sales
- AMD preparing $10,000 graphics card with 1TB+ of RAM
- Red Dead Redemption 2 favors PS4 with early content
- Musk shows capabilities of the new self-driving hardware
- Landing on Mars didn't go as planned
- Unable To Update AMD GPU Driver
- EVGA DG-87 Full-Tower Gaming Chassis Review
- New PC - no display on a screen, 3 beeps
- windows usb install file
- GIGABYTE P55W v6 Gaming Notebook Review
- Razer unveils new Razer Blade Pro gaming notebook
- Nintendo Switch world premiere demonstrates new entertainment experiences from a home gaming system
- PowerColor starts selling the DEVIL Box external graphics solution
- ESL to power PlayStation 4 competitive gaming
- Samsung rolls out industry's first 8GB LPDDR4 DRAM package