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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.