Intel Corporation Q1 adjusted earnings of $1.39 per share

(RTTNews) - Intel Corporation (INTC) reported earnings for first quarter that declined from the same period last year.

The company's profit totaled $3.36 billion, or $0.82 per share. This compares with $5.66 billion, or $1.31 per share, in last year's first quarter.

Excluding items, Intel Corporation reported adjusted earnings of $5.70 billion or $1.39 per share for the period.

The company's revenue for the quarter fell 0.8% to $19.67 billion from $19.83 billion last year.

Intel Corporation earnings at a glance:

-Earnings (Q1): $5.70 Bln. vs. $6.06 Bln. last year. -EPS (Q1): $1.39 vs. $1.41 last year. -Revenue (Q1): $19.67 Bln vs. $19.83 Bln last year.

-Guidance: Next quarter EPS guidance: $1.05 Next quarter revenue guidance: $17.8 Bln Full year EPS guidance: $4.60 Full year revenue guidance: $72.5 Bln

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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