Thursday, Intel Corp. (INTC) reported fourth-quarter net income of $2.3 billion or $0.40 per share, compared to net income of $234 million or $0.04 per share in the same quarter last year.
On a non-GAAP basis, net income was $3.1 billion or $0.55 per share, compared to net income of $844 million or $0.15 per share in the year ago quarter.
On average, 24 analysts polled by Thomson Reuters expected the company to earn $0.31 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter was $10.6 billion, up from $8.23 billion in the comparable quarter last year. Analysts expected the company to report revenue of $10.16 billion for the quarter.
Looking ahead to the first quarter, the company expects revenue of $9.7 billion, plus or minus $400 million. Analysts currently anticipate the company to earn revenue of $9.26 billion for the quarter.
Further for the first quarter, the company expects gross margin percentage of 61%, plus or minus 2 percentage points. R&D plus MG&A spending is expected to be approximately $3 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.