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Intel Corp.$44.97$.35.78%

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 Intel Reports Full-Year Revenue of $55.4 Billion, Net Income of $11.4 Billion Reports Record Quarterly Revenue of $14.9 Billion
   Thursday, January 14, 2016 4:02:06 PM ET

News Highlights:

  • Record full-year revenue in the Data Center, Internet of Things (IoT) and Non-Volatile Memory Solutions Groups; and record quarterly revenue in the Data Center and IoT Groups
  • As of November, 14nm products made up more than 50 percent of Client Computing Group volume with growing enthusiasm for 6th Generation Intel® Core™ ("Skylake") processors
  • Announced increase in cash dividend to $1.04-per-share on an annual basis
  • Altera acquisition closed early in the first quarter of 2016, broadening Intel's portfolio
SANTA CLARA, Calif., January 14, 2016 -- Intel Corporation today reported full-year revenue of $55.4 billion, operating income of $14.0 billion, net income of $11.4 billion and EPS of $2.33. The company generated approximately $19.0 billion in cash from operations, paid dividends of $4.6 billion and used $3.0 billion to repurchase 96 million shares of stock.

For the fourth quarter, Intel posted revenue of $14.9 billion, operating income of $4.3 billion, net income of $3.6 billion and EPS of 74 cents. The company generated approximately $5.4 billion in cash from operations, paid dividends of $1.1 billion, and used $525 million to repurchase 17 million shares of stock.

"Our results for the fourth quarter marked a strong finish to the year and were consistent with expectations," said Brian Krzanich, Intel CEO. "Our 2015 results demonstrate that Intel is evolving and our strategy is working. This year, we'll continue to drive growth by powering the infrastructure for an increasingly smart and connected world."

Please click here for the full press release.



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