Intel Reports Record First Quarter

Intel Reports Record First Quarter

  • Revenue $10.3 Billion
  • Gross Margin 63%
  • Operating Income $3.4 Billion
  • Net Income $2.4 Billion
  • EPS 43 Cents

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SANTA CLARA, Calif., Apr 13, 2010 (BUSINESS WIRE) -- 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."

GAAP Financial Comparison

Q1 2010 vs. Q4 2009 vs. Q1 2009
Revenue $10.3 billion down 3% up 44%
Operating Income $3.4 billion up 38% up 433%
Net Income $2.4 billion up 7% up 288%
Earnings Per Share 43 cents up 3 cents up 32 cents


Non-GAAP Financial Comparison

Q1 2010 vs. Q4 2009
Revenue $10.3 billion down 3%
Operating Income $3.4 billion down 8%
Net Income $2.4 billion down 21%
Earnings Per Share 43 cents