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Intel Corporation - Intel Reports Second Quarter 2020 Financial Results
24.07.2020 10:44
News Summary:
- Second-quarter revenue of $19.7 billion was up 20 percent year-over-year (YoY). Data-centric revenue* grew 34 percent, accounting for 52 percent of total revenue; PC-centric revenue grew 7 percent YoY.
- Second-quarter GAAP earnings-per-share (EPS) was $1.19, up 29 percent YoY; non-GAAP EPS of $1.23 was up 16 percent.
- Year-to-date, generated $17.3 billion cash from operations and $10.6 billion of free cash flow and paid dividends of $2.8 billion.
- Accelerating 10nm product transition; 7nm product transition delayed versus prior expectations.
- Expecting full-year revenue of $75 billion; GAAP EPS of $4.53 and non-GAAP EPS of $4.85.
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