Intel edges FY forecast up after in-line Q1

Friday 28 April 2017 | 10:16 CET | News
Intel reported first quarter results in-line with expectations, with revenues up 8 percent from the year before to USD 14.8 billion and earnings per share rising 45 percent to 61 cents. The net profit also jumped 45 percent to USD 3 billion while the operating profit advanced 40 percent to USD 3.6 billion and the gross margin went to 61.8 percent from 59.3 percent. The company's main Client Computing Group contributed USD 8.0 billion, up 6 percent, while the Data Center Group rose by 6 percent to USD 4.2 billion, with growth going a bit slower than in previous quarters. Revenues at the newer

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Categories: General
Companies: Intel
Countries: World
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