INTEL CORP - Second-Quarter 2018 Financial Results

News Summary:

• Record second-quarter revenue was $17.0 billion, up 15 percent year-over-year (YoY); data-centric businesses* grew 26 percent and PC-centric revenue grew 6 percent.
• GAAP earnings-per-share (EPS) of $1.05 rose 82 percent YoY; non-GAAP EPS of $1.04 was up 44 percent.
• Year-to-date, generated $13.7 billion in cash from operations, $6.3 billion of free cash flow and returned $8.6 billion to shareholders (dividends of $2.8 billion and share repurchases of $5.8 billion).
• Raising full-year revenue outlook to approximately $69.5 billion, GAAP EPS outlook to approximately $4.10 and non-GAAP EPS of $4.15; up $2.0 billion, $0.31 and $0.30 from April guidance, respectively.

Full press release.