We're pleased to announce an update is coming to the community boards. We are migrating the boards to a new platform. The site is currently in read-only mode and we will bring it back online as soon as the migration is complete.
Here's a quick summary of Intel's quarter, which from my perspective, seemed quite good.For those who are interested, I've posted a few more notes from the call on the Intel board. Intel Q1 1999 Earnings Conference CallAvailable for replay at www.intc.comFull earnings press release available here:http://www.intc.com/pressroom/archive/releases/cn041399.HTMSummary:- Revenue of $7.1 billion, up 18% year-over-year, down 7% sequentially- Net Income of $2.0 billion, up 57% year-over-year, down 3% sequentially- Flow ratio declined sequentially from 1.04 to 0.97 (-6.7%)- Cash-to-debt ratio increased from 8.86 to 12.02 (+36%)- Dividend increase from $0.02 to $0.03 per share- Repurchased 21 million shares during the quarter, at a cost of $1.3 billion (that equals an average of $61.90 per share- Q2 revenue is expected to be flat to slightly down from this quarter's $7.1 billion, due to seasonal factors- Microprocessor and motherboard unit shipments were down sequentially- Asia-Pacific revenue improved from 20% to 22% of total revenues year-over-year.-Matt
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |