YTD free cash flow ($11.7B) is GAAP cash from operations ($23.2B) minus capital expenditures ($11.5B). Q3 non-GAAP EPS ($1.42) is Q3 GAAP EPS ($1.35) after adjustment for amortization of acquisition-related intangibles (+$0.08), restructuring and other charges (+$0.02), ongoing mark-to-market on marketable equity securities (-$0.02), and related tax effects (-$0.01). For a full explanation of these non-GAAP measures, see Intel’s Q3 2019 earnings release at intc.com. Our FY 2019 outlook and other statements about future plans, expectations, and opportunities are forward-looking statements. They are based on current expectations as of Oct. 24, 2019 but are subject to many risks and uncertainties that could cause actual results to differ materially from those anticipated. Important factors that could cause actual results to differ materially are set forth in Intel’s Q3 2019 earnings release at intc.com, and our most recent reports on Forms 10-K and 10-Q, available at intc.com and sec.gov. Q 3 ’ 1 9 $ 71 B INTEL Q3 2019 RESULTS NON-GAAP EPS CASH & SHAREHOLDER RETURNS YTD HIGHLIGHTS 1 % YOY $ 1.42 TOTAL Q3’19 REVENUE FULL YEAR ‘19 OUTLOOK ~$ 5 B NETWORKING ~$ 5 B IOTG & MOBILEYE ~$ 3.5 B ARTIFICIAL INTELLIGENCE * *Includes AI-related revenue across all business segments, including IOTG and Mobileye. KEY OPPORTUNITIES (ESTIMATED FY ‘19 REVENUE) $ 11.7 B FREE CASH FLOW $ 4.2 B PAID DIVIDENDS $ 10.1 B SHARE REPURCHASES NASDAQ: INTC CLIENT COMPUTING GROUP (CCG) DATA-CENTRIC $ 9.7B 5 % 9 % DATA CENTER GROUP (DCG) $ 6.4B 4 % INTERNET OF THINGS GROUP (IOTG) $ 1.0B 20 % MOBILEYE (MBLY) $ 229M 19 % NON-VOLATILE MEMORY SOLUTIONS GROUP (NSG) $ 1.3B 2 % PROGRAMMABLE SOLUTIONS GROUP (PSG) $ 507M PC-CENTRIC We’ve been on a multiyear journey to reposition Intel’s portfolio to take advantage of the exponential growth of data. Our third-quarter financial performance underscores our progress as our data-centric businesses turned in their best performance ever, making up almost half our total revenue in a record quarter. Our priorities are accelerating growth, improving our execution and deploying capital for attractive returns. We now expect to deliver a fourth record year in a row. – BOB SWAN, INTEL CEO RAISING GUIDE $ 1.5 B INCREASE VS. JULY 10NM “ICE LAKE” IN OEM SYSTEMS ON SHELF SHIPPED FIRST 10NM INTEL® AGILEX™ FPGAS COLLABORATING WITH ORACLE ON INTEL® OPTANE™ MEMORY LENOVO AND INTEL ANNOUNCE HPC AND AI COLLABORATION YOY YOY P C - C E N T R I C = $ 9 . 7 B 5 % $ 19.2 B RECORD QTR D A T A - C E N T R I C = $ 9 . 5 B 6 % CCG DCG IOTG MBLY NSG PSG
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
YTD free cash flow ($11.7B) is GAAP cash from operations ($23.2B) minus capital expenditures ($11.5B). Q3 non-GAAP EPS ($1.42) is Q3 GAAP EPS ($1.35) after adjustment for amortization of acquisition-related intangibles (+$0.08), restructuring and other charges (+$0.02), ongoing mark-to-market on marketable equity securities (-$0.02), and related tax effects (-$0.01). For a full explanation of these non-GAAP measures, see Intel’s Q3 2019 earnings release at intc.com.
Our FY 2019 outlook and other statements about future plans, expectations, and opportunities are forward-looking statements. They are based on current expectations as of Oct. 24, 2019 but are subject to many risks and uncertainties that could cause actual results to differ materially from those anticipated. Important factors that could cause actual results to differ materially are set forth in Intel’s Q3 2019 earnings release at intc.com, and our most recent reports on Forms 10-K and 10-Q, available at intc.com and sec.gov.
Q3’19
$71B
INTEL Q3 2019 RESULTS
NON- G A AP EPS
C ASH & SHAREHOLDER RE TURNS Y TD
HIGHLIGHTS
1% YOY$1.42
TOTAL Q3’ 19 RE VENUE FULL YE AR ‘ 19 OUTLOOK
~$5BNET WORKING
~$5BIOTG & MOBILEYE
~$3.5BARTIFICIAL INTELLIGENCE
*
*Includes AI-related revenue across all business segments, including IOTG and Mobileye.
KEY OPPORTUNITIES (ESTIMATED FY ‘19 REVENUE)
$11.7BFREE CASH FLOW
$4.2BPAID DIVIDENDS
$10.1BSHAREREPURCHASES
NASDAQ: INTC
CLIENT COMPUTING GROUP (CCG)
DATA-CENTRIC
$9.7B 5%
9%
DATA CENTER GROUP (DCG) $6.4B 4%
INTERNET OF THINGS GROUP (IOTG) $1.0B
20%MOBILEYE (MBLY) $229M
19%NON-VOLATILE MEMORY SOLUTIONS GROUP (NSG)
$1.3B
2%PROGRAMMABLE SOLUTIONS GROUP (PSG)
$507M
PC-CENTRIC
We’ve been on a multiyear journey to reposition Intel’s portfolio to take advantage of the exponential growth of data. Our third-quarter financial performance underscores our progress as our data-centric businesses turned in their best performance ever, making up almost half our total revenue in a record quarter. Our priorities are accelerating growth, improving our execution and deploying capital for attractive returns. We now expect to deliver a fourth record year in a row.
– BOB SWAN, INTEL CEO
R AISING GUIDE
$1.5BINCREASE VS. JULY
10NM “ICE L AKE” IN OEM SYSTEMS ON SHELF
SHIPPED FIRST 10NM INTEL® AGILEX™ FPGAS
COLL ABOR ATING WITH OR ACLE ON INTEL® OPTANE™ MEMORY
LENOVO AND INTEL ANNOUNCE HPC AND AI COLL ABOR ATION
YOY
YOY
PC-CENTRIC
= $9.7B 5%
$19.2BRECORD QTR
DATA-CEN
TRIC
= $ 9
.5B
6
% CCG
DCG
IOTG
MBLY
NSG
PSG
Related Documents
