Intel Q1 2020 Earnings Report
Key Takeaways
Intel reported a strong first quarter with revenue up 23% year-over-year, driven by growth in both its data-centric and PC-centric businesses. The company highlighted its focus on supporting employees and customers during the COVID-19 pandemic and expressed confidence in its ability to emerge stronger.
Revenue reached $19.8 billion, a 23% increase year-over-year.
GAAP EPS was $1.31, up 51% year-over-year, while non-GAAP EPS was $1.45, up 63%.
Data-centric revenue grew by 34%, and PC-centric revenue increased by 14% year-over-year.
The company generated $6.2 billion in cash from operations and $2.9 billion in free cash flow.
Intel
Intel
Intel Revenue by Segment
Forward Guidance
Intel expects second-quarter revenue of $18.5 billion, GAAP EPS of $1.04, and non-GAAP EPS of $1.10. The company is not providing full-year guidance due to significant economic uncertainty.
Revenue & Expenses
Visualization of income flow from segment revenue to net income