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General

Intel again lifts FY guidance after record revenues in Q2

Friday 27 July 2018 | 09:24 CET | News
Intel has again raised its full year outlook after reporting record revenues for its second quarter of USD 17 billion, up 15 percent from the year before. Growth was driven by the company's data-centric businesses, which lifted 26 percent and now makes up almost 50 of total revenue. PC revenue advanced by 6 percent. Meanwhile, earnings per share leaped 82 percent to USD 1.05, with the net profit jumping 78 percent to USD 5 billion.

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Categories: General
Companies: Intel
Countries: World
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