Intel Corp (INTC)

[morrowinder]

Intel Reports Record Second-Quarter Revenue of $14.8 Billion
GAAP Operating Income of $3.8 Billion, Non-GAAP Operating Income of $4.2 Billion

Company Raises Full-Year Revenue and EPS Outlook


News Summary:
• Record second-quarter revenue up 14 percent year-over-year (excluding Intel Security Group) with strong
performance in client computing (up 12 percent) and data-centric* businesses (up 16 percent).
• GAAP earnings per share (EPS) was $0.58 and non-GAAP EPS was $0.72, up 22 percent year-over-year
driven by strong topline growth and gross margin improvement.
• Intel raises full-year revenue outlook by $1.3 billion to $61.3 billion; raises full-year GAAP EPS outlook by $0.10
to $2.66 and non-GAAP EPS by $0.15 to $3.00.
• Launched Intel’s highest performance products ever: the Intel® Core™ X-Series family for advanced gaming,VR and more, as well as Intel® Xeon® Scalable processors, which offer data center customers huge
performance gains for artificial intelligence (AI) and other data-intensive workloads.

https://s21.q4cdn.com/600692695/files/doc_financials/2017/Q2/Earnings-Release-Q2-2017.pdf