Revenues for Q4 rose 8 percent from the year before to USD 20.2 billion, while the net profit jumped 33 percent to USD 6.9 billion, with earnings per share up 40 percent to USD 1.58. Intel added that it generated around USD 9.9 billion worth of cash from operations, that it paid dividends of USD 1.4 billion and spent USD 3.5 billion on share buybacks.
Revenues were as always driven by data-centric revenue, up 19 percent to USD 7.2 billion. These were helped by robust demand from cloud service provider customers. Revenue for the core PC business, after slipping in the previous quarter, went up 2 percent in Q4 to USD 10 billion on higher modem sales and desktop platform volumes. Within data-centric revenue, Mobileye revenue leaped 31 percent to a record USD 240 million, boosted by increasing ADAS adoption. The Internet of Things Group (IOTG) posted revenue up 13 percent to 920 million on strength in retail and transportation. Revenues at Intel’s memory business (NSG) climbed meanwhile 10 percent to USD 1.2 billion.
For the full year, revenues lifted 2 percent to USD 72 billion, the net profit advanced 5 percent to USD 21 billion and EPS went 5 percent higher to EUR 4.71. In the year, Intel generated a record USD 33.1 billion worth of cash from operations, paid dividends of USD 5.6 billion and spent USD 13.6 billion on share buybacks.
