Intel (NASDAQ: INTC) stock chart (source: google.com) |
UPDATE: Intel Reports Third-Quarter Revenue of $14.5 Billion, Net Income of $3.1 Billion
Q3 2015 News Highlights:
- Quarterly revenue of $14.5 billion, above the midpoint of outlook; gross margin of 63 percent, consistent with outlook
- Quarterly revenue approximately flat year-over-year, with growth in the data center, Internet of things (IoT) and non-volatile memory businesses offsetting lower client revenue
- Results show customer enthusiasm for 6th Gen Intel® Core™ processors
"We executed well in the third quarter and delivered solid results in a challenging economic environment," said Brian Krzanich, Intel CEO. "The quarter demonstrates Intel innovation in action. Customers are excited about our new 6th Gen Intel Core processor, and we introduced our breakthrough 3D XPoint™ technology, the industry's first new memory category in more than two decades."
Q3 Key Business Unit Trends
- Client Computing Group revenue of $8.5 billion, up 13 percent sequentially and down 7 percent year-over-year
- Data Center Group revenue of $4.1 billion, up 8 percent sequentially and up 12 percent year-over-year
- Internet of Things Group revenue of $581 million, up 4 percent sequentially and up 10 percent year-over-year
- Software and services operating segments revenue of $556 million, up 4 percent sequentially and flat year-over-year
Note from Intel investors relations website: "Intel is currently in Quiet Period. None of the forward-looking statements in the July earnings press release, including in the Business Outlook section, should be considered as the current expectations of Intel." (emphasis added)
Intel Corporation is an American multinational technology company headquartered in Santa Clara, California. Intel is one of the world's largest and highest valued semiconductor chip makers, based on revenue. (source: Wikipedia)
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Intel's investor relations website: intc.com
Intel stock exchange: stock symbol: NASDAQ: INTC
Tweets about $INTC
Follow @DomainMondo
DISCLAIMER