Intel Q1 revenue $11.7B (-36% YoY); GAAP EPS -$0.66, non-GAAP -$0.04

INTEL CORP

2023-Q1 EPS reported -$0.66 revenue$11,715,000,000

Revenue $11.7B, down 36% YoY; GAAP net loss $2.8B ($0.66 EPS); non-GAAP net loss $0.2B ($0.04 EPS).
CCG $5.8B (-38%), DCAI $3.7B (-39%), NEX $1.5B (-30%), Mobileye $458M (+16%), IFS $118M (-24%).
Q2 guidance: revenue $11.5-12.5B, GAAP EPS -$0.62, non-GAAP EPS -$0.04.
Cash from operations -$1.8B; dividends paid $1.5B.
CEO cites steady transformation progress; key milestones in data center roadmap and IDM 2.0 execution.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

INTEL CORP reported first quarter ended April 1, 2023 results: revenue $11.7 billion, net income $(2.8), EPS $(0.66). Guidance initiated.

Period: first quarter ended April 1, 2023
Revenue: $11.7 billion
Net income: $(2.8)
EPS: $(0.66)
Guidance: initiated
Result: reported results

Exact text from the filing

First-quarter revenue of $11.7 billion, down 36% year over year (YoY). • First-quarter GAAP earnings (loss) per share (EPS) attributable to Intel was $(0.66); non-GAAP EPS attributable to Intel was $(0.04).

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

INTEL CORP filing history →

Source: SEC EDGAR

accession 0000050863-23-000027

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