Wednesday, October 22, 2008

Intel Posts Record Third-Quarter Revenue of $10.2 Billion

  • Revenue up 8 Percent Sequentially
  • Gross Margin 59 Percent; Operating Margin 30 Percent
  • Operating Income of $3.1 Billion up 37 Percent Sequentially
  • Net Income $2 Billion
  • EPS 35 Cents

SANTA CLARA, Calif., Oct. 14, 2008 - Intel Corporation today announced record third-quarter revenue of $10.2 billion along with operating income of $3.1 billion, net income of $2 billion and earnings per share (EPS) of 35 cents.

"Intel delivered the best third-quarter revenue in its history," said Paul Otellini, Intel president and CEO. "We were solidly profitable, with operating income of over $3 billion, reflecting strong across-the-board execution and best-of-class products."

To read the complete earnings release, click here.

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