WEB Quarter Ended Mar 30 2024 Earnings Release
Intel's Q1 2022 Earnings in Brief
Intel Corporation's first-quarter 2022 earnings release and presentation are available on the company's Investor Relations website. The key takeaways are as follows:
Revenue Decline in Q1 2022
Intel reported first-quarter GAAP revenue of $18.4 billion, a 7% decrease year-over-year (YoY). Non-GAAP revenue also declined by 7% YoY to $18.4 billion.
Full-Year Record Revenue in 2022
Despite the decline in Q1 revenue, Intel achieved a record annual GAAP revenue of $79.0 billion in 2022, a 1% YoY increase. Additionally, the company delivered GAAP earnings per share for the fourth quarter of 2022.
Earnings and Forecast Data
For detailed annual and quarterly earnings data, including earnings per share and earnings forecasts for Intel Corporation Common Stock (INTC), please visit Nasdaq.
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