Intel Reports Fourth-Quarter Net Income

Intel Corporation today reported fourth-quarter revenue of $10.6 billion. The company reported operating income of $2.5 billion, net income of $2.3 billion and EPS of 40 cents.

For 2009 Intel posted revenue of $35.1 billion. The company reported full-year operating income of $5.7 billion, net income of $4.4 billion and EPS of 77 cents. The company generated more than $11 billion in cash from operations and paid cash dividends of $3.1 billion.

Fourth-Quarter Results

• Revenue $10.6 Billion, up $2.3 Billion and 28% Year-over-Year
• Record Gross Margin of 65%, up 12 Points Year-over-Year
• Operating Income $2.5 Billion, up $958 Million and 62% Year-over-Year
• Net Income $2.3 Billion, up $2.0 Billion and 875% Year-over-Year
• EPS 40 Cents, up 36 Cents Year-over-Year

Fourth-Quarter Results, Excluding the Settlement Agreement with AMD

• Non-GAAP Operating Income $3.7 Billion, up $2.2 Billion and 143% Year-over-Year
• Non-GAAP Net Income $3.1 Billion, up $2.3 Billion and 267% Year-over-Year
• Non-GAAP EPS 55 Cents, up 40 Cents Year-over-Year

Source: Intel