• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Intel Reports Q3-2017 Financial Results

btarunr

Editor & Senior Moderator
Staff member
Joined
Oct 9, 2007
Messages
37,671 (8.51/day)
Location
Hyderabad, India
Processor AMD Ryzen 7 2700X
Motherboard ASUS ROG Strix B450-E Gaming
Cooling AMD Wraith Prism
Memory 2x 16GB Corsair Vengeance LPX DDR4-3000
Video Card(s) AMD Radeon RX 5700 XT
Storage Western Digital Black NVMe 512GB
Display(s) Samsung U28D590 28-inch 4K UHD
Case Corsair Carbide 100R
Audio Device(s) Creative Sound Blaster Recon3D PCIe
Power Supply Antec EarthWatts Pro Gold 750W
Mouse Razer Abyssus
Keyboard Microsoft Sidewinder X4
Software Windows 10 Pro
Intel Corporation today reported third-quarter 2017 financial results. "We executed well in the third quarter with strong results across the business, and we're on track to a record year," said Brian Krzanich, Intel CEO. "I'm excited about our progress and our future. Intel's product line-up is the strongest it has ever been with more innovation on the way for artificial intelligence, autonomous driving and more." "In the third quarter, we delivered record earnings, exceeded our EPS expectations, and increased our profit expectations for the full year," said Bob Swan, Intel CFO. "We feel great about Intel's transformation and where we are nine months into our three year plan." In the third quarter, the company generated approximately $6.3 billion in cash from operations, paid dividends of $1.3 billion, and used $1.1 billion to repurchase 31 million shares of stock.

In the third quarter, Intel saw strength across the business. The data center, Internet of Things and memory businesses all achieved record quarterly revenue, and Intel extended its performance leadership with the launches of 8th Gen Intel Core and Intel Xeon Scalable processors. Intel's FPGA business, the Programmable Solutions Group, is experiencing strong momentum, winning designs with automotive and cloud service provider customers that advance Intel's position in artificial intelligence. The company also furthered its autonomous driving efforts with exciting customer wins and the completion of the Mobileye tender offer, four months earlier than expected.



Business Outlook
Intel's guidance for the fourth-quarter and full-year 2017 include both GAAP and non-GAAP estimates. Reconciliations between these GAAP and non-GAAP financial measures are included below. Intel's Business Outlook does not include the potential impact of any business combinations, asset acquisitions, divestitures, strategic investments and other significant transactions that may be completed after October 26, 2017.

Intel will hold a public webcast at 2:00 p.m. PDT today to discuss the results for its third quarter of 2017. The live public webcast can be accessed on Intel's Investor Relations website at www.intc.com/results.cfm. The Q3'17 Earnings Presentation, webcast replay, and audio download will also be available on the site.

Intel plans to report its earnings for the fourth quarter of 2017 on January 25, 2018 promptly after close of market, and related materials will be available at www.intc.com/results.cfm. A public webcast of Intel's earnings conference call will follow at 2:00 p.m. PDT at www.intc.com.

View at TechPowerUp Main Site
 
Joined
Sep 7, 2017
Messages
3,183 (3.96/day)
System Name Grunt
Processor Intel i7-7820x
Motherboard MSI X299 Raider
Cooling Noctua NH-U12A
Memory Corsair LPX 3600 32GB (4x8GB)
Video Card(s) Powercolor Vega 64
Storage Intel 900p 280GB, 660p 2TB, Seagate Barracuda Pro 10TB
Display(s) Viewsonic VX2457, Samsung NU8000 TV
Case Corsair C70
Power Supply Corsair HX750
Software Win 10 Pro
I guess they're both doing well (I mean them and AMD).

Intel has too much overlap in their chipsets though, imho. I don't claim to know how their business really works, but personally, I don't understand why they have a "pro" consumer chipset like x370 and also HEDT. Why not just go all in with x299? And they have so many versions of Core that it confuses me.
 
Joined
Jan 7, 2012
Messages
111 (0.04/day)
I guess they're both doing well (I mean them and AMD).

Intel has too much overlap in their chipsets though, imho. I don't claim to know how their business really works, but personally, I don't understand why they have a "pro" consumer chipset like x370 and also HEDT. Why not just go all in with x299? And they have so many versions of Core that it confuses me.
Intel is all about product segmentation, which apparently works for them. But yeah it can be confusing. Their Xeon line borders on ludicrous in terms of number of skus and non descriptive naming.
 
Top