Intel Reports Fourth-Quarter and Full-Year 2019 Financial Results
January 24, 2020 | IntelEstimated reading time: Less than a minute
Intel Corporation today reported fourth-quarter and full-year 2019 financial results. The company also announced that its board of directors approved a five percent cash dividend increase to $1.32 per share on an annual basis. The board declared a quarterly dividend of $0.33 per share on the company’s common stock, which will be payable on March 1 to shareholders of record on February 7.
“In 2019, we gained share in an expanded addressable market that demands more performance to process, move and store data,” said Bob Swan, Intel CEO. “One year into our long-term financial plan, we have outperformed our revenue and EPS expectations. Looking ahead, we are investing to win the technology inflections of the future, play a bigger role in the success of our customers and increase shareholder returns."
- Record Fourth-quarter revenue was $20.2 billion, up 8% year-over-year (YoY). Full-year revenue set an all-time record of $72.0 billion, up 2% YoY on data-centric growth*.
- Delivered outstanding fourth-quarter earnings per share (EPS) of $1.58 ($1.52 on a non-GAAP basis).
- In 2019, Intel generated a record $33.1 billion cash from operations and $16.9 billion of free cash flow, and returned approximately $19.2 billion to shareholders.
- Expecting record 2020 revenue of approximately $73.5 billion and first-quarter revenue of approximately $19.0 billion.
Suggested Items
Cadence Reports First Quarter 2024 Financial Results
04/23/2024 | Cadence Design Systems, Inc.Quarter-end backlog was $6.0 billion and current remaining performance obligations ("cRPO"), contract revenue expected to be recognized as revenue in the next 12 months, was $3.1 billion.
NASA Sets Path to Return Mars Samples, Seeks Innovative Designs
04/16/2024 | NASANASA Administrator Bill Nelson shared on Monday the agency’s path forward on the Mars Sample Return program, including seeking innovative designs to return valuable samples from Mars to Earth.
Europe’s IT, Business Services Sector on the Rebound in Q1: ISG Index
04/15/2024 | BUSINESS WIREEurope’s demand for IT and business services in the first quarter rose for the first time in a year, powered by growth from the banking, financial services and insurance (BFSI) sector, according to the latest state-of-the-industry report from Information Services Group (ISG), a leading global technology research and advisory firm.
Global Semiconductor Equipment Billings Slip to $106.3 Billion in 2023
04/10/2024 | SEMIWorldwide sales of semiconductor manufacturing equipment edged down 1.3% to $106.3 billion in 2023 from an all-time record of $107.6 billion in 2022, SEMI, the industry association representing the global electronics design and manufacturing supply chain, reported today. The data is now available in the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report.
Wistron’s Wise Cap Invests in GEOSAT Aerospace & Technology
04/09/2024 | WistronWistron Corporation announced that its wholly-owned subsidiary, Wise Cap Limited Company, has participated in a private placement of common shares for GEOSAT Aerospace & Technology Inc., investing a total of NT$1.0 billion.