Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
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 Call
Available for replay at www.intc.com

Full earnings press release available here:
http://www.intc.com/pressroom/archive/releases/cn041399.HTM

Summary:
- 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


Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.