Intel Fourth Quarter Net Income Up 875 Percent to $2.3 Billion

Submitted by lalit on January 15, 2010 - 8:29pm.

Intel Corporation today reported fourth-quarter revenue of $10.6 billion. The company reported operating income of $2.5 billion, net income of $2.3 billion and EPS of 40 cents.

For 2009 Intel posted revenue of $35.1 billion. The company reported full-year operating income of $5.7 billion, net income of $4.4 billion and EPS of 77 cents. The company generated more than $11 billion in cash from operations and paid cash dividends of $3.1 billion.

Highlights of Intel’s Q4 revenue results are:

  • Revenue $10.6 Billion, up $ 2.3 Billion and 28% Year-over-Year
  • Record Gross Margin of 65%, up 12 points Year-over-Year
  • Operating Income $2.5 Billion, up $958 Million and 62% Year-Over-Year
  • Net Income $2.3 Billion, up $2.0 Billion and 875% Year-over-Year
  • EPS 40 Cents, up 36 Cents Year-over-Year

[Via Intel]