Intel Fourth Quarter Beats on Top and Bottom Lines
Intel posted fourth-quarter earnings of 79 cents a share on revenue of $16.4 billion. Analysts were looking for 74 cents a share on sales of $15.75 billion.
Intel (INTC) - Get Report posted fourth-quarter earnings of 79 cents a share on revenue of $16.4 billion. Analysts were looking for 74 cents a share on sales of $15.75 billion. Last year, Intel earned 74 cents a share on sales of $14.91 billion in its fourth quarter. Intel's Data Center revenue was $4.7 billion, up 8%, and its internet-of-things group revenue came in at $726 million, up 16%. Gross margin was 61.7% for the quarter.
