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Intel Reports First-Quarter 2018 Financial Results
03.05.2018 14:20
News Summary:
- Record first-quarter revenue was $16.1 billion, up 13 percent year-over-year1 on strength of Intel's data-centric* businesses, which accounted for 49 percent of first-quarter revenue.
- Data-centric growth and operating margin leverage boosted earnings-per-share (EPS), which rose 53 percent year-over-year; non-GAAP EPS was up 32 percent year-over-year.
- Intel is raising its full-year revenue and earnings outlook based on this strong start; expecting 2018 revenue of $67.5 billion, up $2.5 billion from prior guidance.
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