Replies to post #148550 on Intel Corp (INTC)

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For Q2 2017, based on a 13 week quarter, we expect:
• Revenue to increase 17% q/q, plus or minus 3%. The midpoint of guidance would result in a y/y
increase of 12%.
• Non-GAAP gross margin to be approximately 33%,
• Non-GAAP operating expenses to be approximately $370 million,
• THATIC JV licensing gain of approximately $20 million
• Non-GAAP interest expense, taxes and other to be approximately $30 million, and
• Inventory to be down versus Q1 2017.

$984 million * 1.17 ~= $1.152 billion.

GM of 33% -> ~$381 million in gross profit.

$381 million - $370 million = $11 million operating profit.

Factor in the $20 million licensing gain, reduce the "other" expenses of $30 million, and you get to ~$1 million in profit.

[joseph pareti]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126867700

[VeeCee]

Stock market has spoken based on future guidance as well. It is down 30%+