Intel Corporation reported third-quarter revenue of $14.6 billion, operating income of $4.5 billion, net income of $3.3 billion and EPS of $0.66.
The company generated approximately $5.7 billion in cash from operations, paid dividends of $1.1 billion and used $4.2 billion to repurchase 122 million shares of stock.
"We are pleased by the progress the company is making," said Intel CEO Brian Krzanich. "We achieved our best-ever revenue and strong profits in the third quarter. There is more to do, but our results give us confidence that we’re successfully executing to our strategy of extending our products across a broad range of exciting new markets."
– PC Client Group revenue of $9.2 billion, up 6 percent sequentially and up 9 percent year-over-year.
– Data Center Group revenue of $3.7 billion, up 5 percent sequentially and up 16 percent year-over-year.
– Internet of Things Group revenue of $530 million, down 2 percent sequentially and up 14 percent year-over-year.
– Mobile and Communications Group revenue of $1 million, consistent with expectations.
– Software and services operating segments revenue of $558 million, up 2 percent sequentially and up 2 percent year-over-year.
