Intel beats by $0.18, beats on revs; guides Q1 EPS below consensus, revs above consensus; raises dividend by 5% (51.69 +0.69)
- Reports Q4 (Dec) earnings of $1.09 per share, excluding non-recurring items, $0.18 better than the S&P Capital IQ Consensus of $0.91; non-GAAP revenues rose 3.5% year/year to $19.53 bln vs the $18.36 bln S&P Capital IQ Consensus. Co reports Q4 non-GAAP gross margin of 55.4% vs 53.53% consensus.
- CCG segment revenue fell 7.4% yr/yr to $10.13 bln.
- DCG segment revenue rose 20% yr/yr to $7.31 bln.
- Co issues mixed guidance for Q1, sees EPS of $0.80, excluding non-recurring items, vs. $0.86 S&P Capital IQ Consensus; sees Q1 non-GAAP revs of $18.30 bln, excluding non-recurring items, vs. $17.63 bln S&P Capital IQ Consensus. Co guides to Q1 non-GAAP gross margin of 52% vs 52.72% consensus.
- Co increases quarterly dividend by 5% to $0.365/sh.