Intel: Q4 above expectations

(CercleFinance.com) - On Thursday evening Intel unveiled adjusted net income (non-GAAP) that is up 34% at 5.
2 billion dollars over Q4 2017, representing 1.08 dollar per share, meaning EPS of that is around twenty cents above the consensus.

The US microchip giant improved its gross margin by 1.7 points to 64.8%, with revenues up 4% at 17.1 billion dollars, particularly driven by a 21% increase in data-centric businesses.

With adjusted 2017 EPS that is up 28% at 3.46 dollars, Intel has announced a 10 cent per share increase in its annual dividend, and now targets adjusted EPS of 3.55 dollars in 2018, plus or minus 5%.


Copyright (c) 2018 CercleFinance.com. All rights reserved.