Edition:
United Kingdom

Intel Reports Q1 GAAP EPS Of $0.87


Thursday, 25 Apr 2019 

April 25 (Reuters) - Intel Corp ::QUARTERLY NON-GAAP EPS OF $0.89.FIRST-QUARTER GAAP EARNINGS-PER-SHARE (EPS) OF $0.87.FIRST-QUARTER REVENUE WAS $16.1 BILLION, FLAT YEAR-OVER-YEAR .Q1 EARNINGS PER SHARE VIEW $0.87, REVENUE VIEW $16.02 BILLION -- REFINITIV IBES DATA.EXPECTING FULL-YEAR REVENUE OF $69.0 BILLION, FULL-YEAR GAAP EPS OF $4.14 AND NON-GAAP EPS OF $4.35; DOWN FROM JANUARY GUIDANCE.SEES 2019 GAAP EARNINGS PER SHARE ABOUT $4.14.EXPECTING SECOND-QUARTER REVENUE OF $15.6 BILLION; SECOND-QUARTER GAAP EPS OF $0.83 AND NON-GAAP EPS OF $0.89.SEES 2019 NON-GAAP EARNINGS PER SHARE ABOUT $4.35.FY2019 EARNINGS PER SHARE VIEW $4.51, REVENUE VIEW $71.05 BILLION -- REFINITIV IBES DATA.SEES FY CAPITAL SPENDING OF ABOUT $15.5 BILLION.QUARTERLY CLIENT COMPUTING GROUP (CCG) REVENUE OF $8.6 BILLION, UP 4%.SEES Q2 GAAP OPERATING MARGIN ABOUT 27%; SEES Q2 NON-GAAP OPERATING MARGIN ABOUT 29%.Q2 EARNINGS PER SHARE VIEW $1.01, REVENUE VIEW $16.85 BILLION -- REFINITIV IBES DATA.INTEL - "RESULTS FOR FIRST QUARTER WERE SLIGHTLY HIGHER THAN OUR JANUARY EXPECTATIONS".SEES FY GAAP OPERATING MARGIN ABOUT 30%.QUARTERLY DATA CENTER GROUP (DCG) REVENUE OF $4.9 BILLION, DOWN 6%.SEES FY NON-GAAP OPERATING MARGIN ABOUT 32%.SAYS "LOOKING AHEAD, WE'RE TAKING A MORE CAUTIOUS VIEW OF THE YEAR, ALTHOUGH WE EXPECT MARKET CONDITIONS TO IMPROVE IN THE SECOND HALF".SEES FY NON-GAAP FCF ABOUT $15 BILLION.