Guru3D.com
  • HOME
  • NEWS
    • Channels
    • Archive
  • DOWNLOADS
    • New Downloads
    • Categories
    • Archive
  • GAME REVIEWS
  • ARTICLES
    • Rig of the Month
    • Join ROTM
    • PC Buyers Guide
    • Guru3D VGA Charts
    • Editorials
    • Dated content
  • HARDWARE REVIEWS
    • Videocards
    • Processors
    • Audio
    • Motherboards
    • Memory and Flash
    • SSD Storage
    • Chassis
    • Media Players
    • Power Supply
    • Laptop and Mobile
    • Smartphone
    • Networking
    • Keyboard Mouse
    • Cooling
    • Search articles
    • Knowledgebase
    • More Categories
  • FORUMS
  • NEWSLETTER
  • CONTACT

New Reviews
MS Flight Simulator (2020): the 2021 PC graphics performance benchmark review
Radeon Series RX 6700 XT preview & analysis
Corsair MM700 & Corsair Katar Pro XT Review
Guru3D Rig of the Month - February 2021
ASUS GeForce RTX 3060 STRIX Gaming OC review
EVGA GeForce RTX 3060 XC Gaming review
MSI GeForce RTX 3060 Gaming X TRIO review
PALIT GeForce RTX 3060 DUAL OC review
ZOTAC GeForce RTX 3060 AMP WHITE review
Fractal Design Meshify 2 Compact chassis review

New Downloads
GeForce 461.81 hotfix driver download
ClockTuner for Ryzen (CTR) v2.0 RC4 Download
SiSoft Sandra 20/21 download v31.12
Intel HD graphics Driver Download Version: DCH 27.20.100.9316
AIDA64 Download Version 6.32.5644 beta
FurMark Download v1.25
MSI Afterburner 4.6.3 Final Stable Download
Display Driver Uninstaller Download version 18.0.3.7
Guru3D RTSS Rivatuner Statistics Server Download 7.3.0 Final
Media Player Classic - Home Cinema v1.9.10 Download


New Forum Topics
MS Flight Simulator (2020): the 2021 PC graphics performance benchmark review AMD confirms that Resident Evil Village will have Ray Tracing support on PC Free to grab: Wargame Red Dragon on Epic Games Store AMD announces Radeon RX 6700 XT 12GB at 479 USD, launches on March 18th RX Vega Owners Thread, Tests, Mods, BIOS & Tweaks ! (cont.) 3080 tuf OC ed. Same stutter in apex once/twice a game (w/frametimegraph) GeForce Hotfix Driver Version 461.81 NVIDIA GeForce RTX 3080 Ti to get limited for Cryptocurrency Mining Performance Also Samsung 980 SSD Spotted at retailers, has a DRAMless design 461.72 + Hotfix 461.81 - Clean Version




Guru3D.com » News » Intel Shares Second-Quarter 2018 Financial Results

Intel Shares Second-Quarter 2018 Financial Results

by Hilbert Hagedoorn on: 07/27/2018 06:50 AM | source: | 2 comment(s)
Intel Shares Second-Quarter 2018 Financial Results

Intel today reported second-quarter 2018 financial results. Record second quarter revenue of $17.0 billion was up 15 percent YoY driven by strength across the business and customer demand for Intel platforms. Collectively, data-centric businesses grew 26 percent, approaching 50 percent of total revenue. 

PC-centric revenue was up 6 percent on strength in the commercial and enthusiast segments. Operating margin leverage and lower tax rate drove excellent EPS growth.

"After five decades in tech, Intel is poised to deliver our third record year in a row. We are uniquely positioned to capitalize on the need to process, store and move data, which has never been more pervasive or more valuable," said Bob Swan, Intel CFO and Interim CEO. "Intel is now competing for a $260 billion market opportunity, and our second quarter results show that we're winning. As a result of the continued strength we are seeing across the business, we are raising our full year revenue and earnings outlook."

Highlights

GAAP

Non-GAAP

Q2 2018

Q2 2017

vs. Q2 2017

Q2 2018

Q2 2017

vs. Q2 2017

Revenue ($B)

$17.0

$14.8

up 15%

$17.0^

$14.8^

up 15%

Gross Margin

61.4%

61.6%

down 0.2 pt

63.0%

63.0%

flat

R&D and MG&A ($B)

$5.1

$5.1

flat

$5.1^

$5.1^

flat

Operating Income ($B)

$5.3

$3.8

up 37%

$5.6

$4.2

up 34%

Tax Rate

9.5%

38.6%

down 29.1 pts

11.7%

22.5%

down 10.8 pts

Net Income ($B)

$5.0

$2.8

up 78%

$4.9

$3.5

up 41%

Earnings Per Share

$1.05

$0.58

up 82%

$1.04

$0.72

up 44%

^ No adjustment on a non-GAAP basis

In the second quarter, the company generated approximately $7.4 billion in cash from operations, paid dividends of $1.4 billion and used $3.9 billion to repurchase 76 million shares of stock.
In the second quarter, Intel achieved revenue growth in every business segment. The PC-centric business grew 6 percent driven by strong demand for Intel's performance leading products with particular strength in gaming and commercial. The Client Computing Group (CCG) launched several new 8th Gen Intel Core processors including: the powerful 8th Gen Intel Core i9 processor for high performance laptops, 8th Gen Intel Core vPro processors for business, and the 8th Gen Intel Core i7-8086K limited-edition processor for gaming.


Collectively, Intel's data-centric businesses grew 26 percent year-over-year led by 27 percent growth in the Data Center Group (DCG). DCG saw strong demand from cloud and communications service providers investing to meet the explosive demand for data and to improve the performance of data-intensive workloads like artificial intelligence. DCG customer preference for Intel's highest-performance products continued; Intel Xeon Scalable momentum continued.

The workload optimization trend in the data center is also fueling demand for FPGAs; Intel's Programmable Solutions Group (PSG) revenue grew 18 percent.

Q3 2018

GAAP

Non-GAAP

Range

Revenue

$18.1 billion

$18.1 billion^

+/- $500 million

Operating margin

32.5%

34%

approximately

Tax rate

13%

13%

approximately

Earnings per share

$1.09

$1.15

+/- 5 cents

Full-Year 2018

GAAP

Non-GAAP

Range

Revenue

$69.5 billion

$69.5 billion^

+/- $1.0 billion

Operating margin

30.5%

32%

approximately

Tax rate

12%

12.5%

approximately

Earnings per share

$4.10

$4.15

+/- 5%

Full-year capital spending

$15 billion

$15 billion^

+/- $500 million

Net capital deployed1

$13 billion

$13 billion^

+/- $500 million

Free cash flow

N/A

$15.0 billion

+/- $500 million



Intel's memory (NSG), Internet of Things Group (IOTG) and Mobileye businesses each achieved record quarterly revenue. Mobileye revenue grew 37 percent year-over-year as the adoption of advanced driver-assistance systems (ADAS) increases.

Business Outlook
Intel's guidance for the third-quarter and full-year 2018 includes both GAAP and non-GAAP estimates. Reconciliations between these GAAP and non-GAAP financial measures are included below.

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 July 26, 2018. Actual results may differ materially from Intel's Business Outlook as a result of, among other things, the factors described under "Forward-Looking Statements" below. Our guidance above reflects the divestiture of Wind River, which was completed during the second quarter of 2018.







« Patriot Launches EP and LX Series A1-rated microSD Cards · Intel Shares Second-Quarter 2018 Financial Results · Colorfly Announces Pocket HiFi U8 Portable Media Player »

Related Stories

That 28-core CPU That Intel Showed At Computex - it needs some cooling! - 06/07/2018 07:49 AM
Early this week Intel announced its 28-core processor at Computex. A remarkable achievement all by itself. They had been able to clock it towards 5 GHz even, boasting a CB 7334 Cinebech score. However...

Intel Shows Optane memory that fits in DDR4 DIMM slots - 05/31/2018 07:05 AM
Intel has been hard at work with anything Optane in the form of storage units and cache drives. A long time ago Intel already indicated Optane memory, well they have now shown modules based on 3D XPo...

Intel Shares Internal Security Fix Benchmarks Results for Desktop & Laptop - 01/11/2018 05:36 PM
Intel has released a set of desktop and laptop benchmark results with the security patches in place. They compare mobile (Kaby Lake) and Desktop CPUs (Coffee lake, Kaby and Sky lake)....

Intel Showcases 10nm Updates and 64-Layer NAND For Enterprise - 09/20/2017 08:51 AM
Intel delivered updates at its Technology and Manufacturing Day held in Beijing, China, on Sept. 19. Disclosures included power and performance updates for Intel’s 10 nm process, high-level ...

Intel Shows 1.59x Performance Improvement in Upcoming Intel Xeon Scalable Family - 05/18/2017 06:57 AM
Intel unveiled performance advances in its upcoming Intel Xeon Processor Scalable family. At the SAP Sapphire NOW conference, Intel showed up to 1.59x higher Intel Xeon processor performance running i...


schmidtbag
Senior Member



Posts: 5640
Joined: 2012-11-10

#5568823 Posted on: 07/27/2018 03:19 PM
Interesting how when AMD's sales go up, so do Intel's.

tunejunky
Senior Member



Posts: 1217
Joined: 2017-08-18

#5568848 Posted on: 07/27/2018 04:50 PM
actually the real story here is the stock buy-back. this is the so-called "tax cut" at work... shoring up the stock prices which would otherwise reflect the unease of investors over the wrong-footed moves the last few year.
for a little bit of hilarity i will be using my dividend to buy a threadripper 2 system.

Post New Comment
Click here to post a comment for this news story on the message forum.


Guru3D.com © 2021