Intel Posts Record Third-Quarter Revenue
- Revenue $10.1 Billion, up 15 Percent Year-over-Year
- Operating Income $2.2 Billion, up 64 Percent Year-over-Year
- Record Microprocessor, Chipset and Flash Unit Shipments
Net Income $1.9 Billion
- EPS 31 Cents
SANTA CLARA, Calif., Oct. 16, 2007 – Intel Corporation today announced third-quarter revenue of $10.1 billion, operating income of $2.2 billion, net income of $1.9 billion and earnings per share (EPS) of 31 cents.
"A combination of great products, strong and growing worldwide demand, and operational efficiency from our ongoing restructuring efforts led to record third-quarter revenue and a 64-percent year-over-year gain in operating income," said Intel President and CEO Paul Otellini. "Looking forward, we see each of these elements continuing to improve into the fourth quarter. We are very pleased with the results and optimistic about our business."
To read the complete earnings release, click here.
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Intel (NASDAQ: INTC), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom and blogs.intel.com.
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