Intel Reports Record First Quarter

  • Revenue $10.3 Billion
  • Gross Margin 63%
  • Operating Income $3.4 Billion
  • Net Income $2.4 Billion
  • EPS 43 Cents

SANTA CLARA, Calif. — (BUSINESS WIRE) — April 13, 2010 — Intel Corporation today reported first-quarter revenue of $10.3 billion. The company reported operating income of $3.4 billion, net income of $2.4 billion and EPS of 43 cents.

“The investments we’re making in leading edge technology are delivering the most compelling product line-up in our history,” said Paul Otellini, Intel president and CEO. “These leadership products combined with growing worldwide demand and continued outstanding execution resulted in Intel’s best first quarter ever. Looking forward, we’re optimistic about our business as Intel products are designed into a variety of new and exciting segments.”

GAAP Financial Comparison

                                          Q1 2010                                           vs. Q4 2009                                           vs. Q1 2009  
Revenue                                         $10.3 billion                                           down 3%                                           up 44%  
Operating Income                                         $3.4 billion                                           up 38%                                           up 433%  
Net Income                                         $2.4 billion                                           up 7%                                           up 288%  
Earnings Per Share                                         43 cents                                           up 3 cents                                           up 32 cents  

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