Intel has published a report for the past quarter. Revenue for the reporting period was $ 19.7 billion. This is 1% less in annual terms, that is, compared to the first quarter of last year.
The indicator of gross profit for the year decreased from 60.6% to 55.2%, that is, by 5.4 percentage points. The company spent $ 5.0 billion on research and development, as well as on mergers and acquisitions. A year ago, spending on these items amounted to $ 4.8 billion.
The quarter ended up with a net profit of $ 3.4 billion. In annual terms, this indicator decreased by 41%.
Non-GAAP revenue is $ 18.6 billion, roughly the same as last year, and net income is $ 5.7 billion, just 6% less than last year’s $ 6.1 billion.
The company paid out $ 1.4 billion in dividends throughout the quarter. Another $ 2.3 billion was spent on share buybacks.
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