Intel Reports Record First Quarter
Posted: Wed Apr 14, 2010 7:24 am
Intel Reports Record First Quarter
First-Quarter Results
* Revenue $10.3 Billion
* Gross Margin 63%
* Operating Income $3.4 Billion
* Net Income $2.4 Billion
* EPS 43 Cents
First-Quarter Results
* Revenue $10.3 Billion
* Gross Margin 63%
* Operating Income $3.4 Billion
* Net Income $2.4 Billion
* EPS 43 Cents
To read the complete earnings release, click here.SANTA CLARA, Calif., Apr. 13, 2010 – Intel Corporation today reported first-quarter revenue of $10.3 billion. The company reported operating income of $3.4 billion, net income of $2.4 billion and EPS of 43 cents.
"The investments we’re making in leading edge technology are delivering the most compelling product line-up in our history," said Paul Otellini, Intel president and CEO. "These leadership products combined with growing worldwide demand and continued outstanding execution resulted in Intel's best first quarter ever. Looking forward, we're optimistic about our business as Intel products are designed into a variety of new and exciting segments."
About Intel
Intel (NASDAQ: INTC), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom and blogs.intel.com.