Intel (INTC) reported Quarter December 2018 earnings of $1.28 per share on revenue of $18.7 billion. The consensus earnings estimate was $1.22 per share on revenue of $19.0 billion. The Earnings Whisper number was $1.26 per share. Revenue grew 9.4% on a year-over-year basis.
The company said it expects first quarter earnings of approximately $0.87 per share on revenue of approximately $16.0 billion and 2019 earnings of approximately $4.60 per share on revenue of approximately $71.5 billion. The current consensus earnings estimate is $1.01 per share on revenue of $17.29 billion for the quarter ending March 31, 2019 and $4.54 per share on revenue of $73.06 billion for the year ending December 31, 2019.
Intel Corporation is a semiconductor chip maker. It develops integrated digital technology products like integrated circuits, for industries such as computing and communications.
Intel Reports Fourth-Quarter and Full-Year 2018 Financial Results
- • Fourth-quarter revenue was $18.7 billion, up 9 percent year-over-year (YoY); and full-year revenue set an alltime record of $70.8 billion, up 13 percent YoY.
- • Delivered outstanding fourth-quarter earnings per share of $1.12 ($1.28 on a non-GAAP basis); achieved
record full-year operating income, net income and EPS.
- • In 2018, Intel generated a record $29.4 billion cash from operations, generated $14.3 billion of free cash flow
and returned nearly $16.3 billion to shareholders.
- • Expecting record 2019 revenue of approximately $71.5 billion and first-quarter revenue of approximately $16
SANTA CLARA, Calif., January 24, 2019 -- Intel Corporation today reported fourth-quarter and full-year 2018
financial results. The company also announced that its board of directors has approved a five percent increase in its
cash dividend to $1.26 per-share on an annual basis.The board declared a quarterly dividend of $0.315 per-share
on the company’s common stock, which will be payable on March 1 to shareholders of record on February 7.
“2018 was a truly remarkable year for Intel with record revenue in every business segment and record profits as we
transform the company to pursue our biggest market opportunity ever,” said Bob Swan, Intel CFO and Interim CEO.
“In the fourth quarter, we grew revenue, expanded earnings and previewed new 10nm-based products that position
Intel to compete and win going forward. Looking ahead, we are forecasting another record year and raising the
dividend based on our view that the explosive growth of data will drive continued demand for Intel products.”
For the full press release, please go here