Tuesday, April 19, 2005

Intel - 34 cents per share

Intel reported first quarter:

Revenue $9.4 Billion
Earnings Per Share 34 Cents

SANTA CLARA, Calif., April 19, 2005 – Intel Corporation today announced first-quarter revenue of $9.4 billion, up 17 percent year-over-year and down 2 percent sequentially.

First-quarter net income was $2.2 billion, up 25 percent year-over-year and up 1 percent sequentially. Earnings per share were 34 cents, up 31 percent from 26 cents in the first quarter of 2004 and up 3 percent from 33 cents in the fourth quarter of 2004. Intel’s first quarter included an additional week of business because 2005 is a 53-week fiscal year for the company. Last year’s first-quarter results included a legal settlement charge that reduced earnings per share by 1.7 cents.
Read Intel’s press release here.

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