(PR) Intel Reports Strong Third-Quarter Results

Intel Corporation today reported third-quarter revenue of $9.4 billion. The company reported operating income of $2.6 billion, net income of $1.9 billion and earnings per share (EPS) of 33 cents. "Intel's strong third-quarter results underscore that computing is essential to people's lives, proving the importance of technology innovation in leading an economic recovery," said Paul Otellini, Intel president and CEO. "This momentum in the current economic climate, plus our product leadership, gives us confidence about our business prospects going forward. As we look ahead, Intel's game-changing 32nm process technology will usher in another wave of innovation from new, powerful Intel Xeon server platforms to high-performance Intel Core processors to low-power Intel Atom processors." Highlights include:Third-Quarter Revenue $9.4 Billion, Strongest Second-to-Third-Quarter Growth in over 30 yearsGross Margin 58 Percent, Up 7 Points SequentiallyOperating Income $2.6 BillionNet Income $1.9 BillionEPS 33 CentsTo read the complete earnings release, visit this page.

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