Internet of Things chips, among others, drive Intel’s performance in Q4

Santa Clara, California, Jan. 27, 2016: Intel Corporation today reported full-year revenue of US $59.4 billion, operating income of $12.9 billion, net income of $10.3 billion and EPS of $2.12.

Intel reported non-GAAP revenue of $59.5 billion, operating income of $16.5 billion, net income of $13.2 billion, and EPS of $2.72. The company generated approximately $21.8 billion in cash from operations, paid dividends of $4.9 billion and used $2.6 billion to repurchase 81 million shares of stock.

For the fourth quarter, Intel posted revenue of $16.4 billion, operating income of $4.5 billion, net income of$3.6 billion and EPS of 73 cents. Intel reported non-GAAP operating income of $4.9 billion, net income of $3.9 billion, and EPS of 79 cents.

The company generated approximately $8.2 billion in cash from operations, paid dividends of $1.2 billion, and used $533 million to repurchase 15 million shares of stock.
“The fourth quarter was a terrific finish to a record-setting and transformative year for Intel. In 2016, we took important steps to accelerate our strategy and refocus our resources while also launching exciting new products, successfully integrating Altera, and investing in growth opportunities,” said Brian Krzanich, Intel Chief Executive Officer.

Full-Year 2016 Business Unit Trends

•Client Computing Group revenue of $32.9 billion, up 2 per cent from
2015
•Data Center Group revenue of $17.2 billion, up 8 per cent from 2015
•Internet of Things Group revenue of $2.6 billion, up 15 per cent from 2015
•Non-Volatile Memory Solution Group revenue of $2.6 billion, down 1 per cent from 2015
•Intel Security Group revenue of $2.2 billion, up 9 per cent from 2015
•Programmable Solutions Group revenue of $1.7 billion

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