Intel Corporation - Reports First Quarter 2019 Financial Results

News Summary:

• First-quarter revenue was $16.1 billion, flat year-over-year (YoY); data-centric revenue declined 5 percent and PC-centric revenue grew 4 percent.
• First-quarter GAAP earnings-per-share (EPS) of $0.87 declined 6 percent YoY; non-GAAP EPS of $0.89 was up 2 percent.
• Expecting second-quarter revenue of $15.6 billion; second-quarter GAAP EPS of $0.83 and non-GAAP EPS of $0.89.
• 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.

Full press release (ENG)