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Intel revenues unchanged in Q3 at USD 14.5 bln

2015-10-14 09:23:00| Telecompaper Headlines

(Telecompaper) Intel reported third quarter revenues flat from the year before at USD 14.5 billion, with the operating profit down 8 percent to USD 4.2 billion and the net profit sliding 6 percent lower to USD 3.1 billion. Earnings per share went to USD 0.64 from 0.66 the year earlier. The gross margin reached 63.0 percent, up 0.5 point from the second quarter. Going forward, Intel is guiding for fourth quarter revenues at USD 14.8 billion, plus or minus USD 500 million. The midpoint of the range is up 2 percent from the third quarter, in line with the average seasonal range increase for Q4. The gross margin is expected at 62 percent, plus or minus a couple of points and down 1.0 point from Q3.

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