Intel Reports Record Full-Year Revenue of $55.9 Billion, Generates Net Income of $11.7 Billion, Up 22 Percent Year-over-Year

 
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Bangalore: Intel Corporation India has issued the following news release:

Intel Corporation today reported full-year revenue of $55.9 billion, operating income of $15.3 billion, net income of $11.7 billion and EPS of $2.31. The company generated approximately $20.4 billion in cash from operations, paid dividends of $4.4 billion, and used $10.8 billion to repurchase 332 million shares of stock.

For the fourth-quarter, Intel posted revenue of $14.7 billion, operating income of $4.5 billion, net income of $3.7 billion and EPS of $0.74. The company generated approximately $5.8 billion in cash from operations, paid dividends of $1.1 billion and used $4.0 billion to repurchase 115 million shares of stock.

"The fourth quarter was a strong finish to a record year," said Intel CEO Brian Krzanich. "We met or exceeded several important goals: reinvigorated the PC business, grew the Data Center business, established a footprint in tablets, and drove growth and innovation in new areas. There is more to do in 2015. We’ll improve our profitability in mobile, and keep Intel focused on the next wave of computing. "

Full-Year 2014 Business Unit Trends

PC Client Group revenue of $34.7 billion, up 4 percent from 2013.

Data Center Group revenue of $14.4 billion, up 18 percent from 2013.

Internet of Things Group revenue of $2.1 billion, up 19 percent from 2013.

Mobile and Communications Group revenue of $202 million, down 85 percent from 2013.

Software and services operating segments revenue of $2.2 billion, up 1 percent from 2013.

Q4 Key Business Unit Trends

PC Client Group revenue of $8.9 billion, down 3 percent sequentially and up 3 percent year-over-year.

Data Center Group revenue of $4.1 billion, up 11 percent sequentially and up 25 percent year-over-year.

Internet of Things Group revenue of $591 million, up 12 percent sequentially and up 10 percent year-over-year.

Mobile and Communications Group negative revenue of $6 million, consistent with expectations.

Software and services operating segments revenue of $557 million, flat sequentially and down 6 percent year-over-year.

Business Outlook

Intel's Business Outlook does not include the potential impact of any business combinations, asset acquisitions, divestitures, strategic investments and other significant transactions that may be completed after January 15.

Full-Year 2015

Revenue: growth in the mid-single digit percentage points.

Gross margin percentage: 62 percent, plus or minus a couple of percentage...

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