(PR) Intel on Q1 FY 2019: Servers Down, PC Market Up, Revenue Flat

(PR) Intel on Q1 FY 2019: Servers Down, PC Market Up, Revenue Flat

Intel Company this day reported first-quarter 2019 financial results. In the first quarter, the company generated roughly $5.zero billion in money from operations, paid dividends of $1.four billion and broken-down $2.5 billion to repurchase forty nine million shares of stock.

“Results for the first quarter were somewhat greater than our January expectations. We shipped a stable mix of high-performance merchandise and continued spending discipline while ramping 10nm and managing a tricky NAND pricing ambiance. Taking a gaze ahead, we’re taking a more cautious peep of the twelve months, despite the incontrovertible truth that we demand market stipulations to present a capture to within the second 1/2,” acknowledged Bob Swan, Intel CEO. “Our team is raring in expanding our market opportunity, accelerating our innovation and bettering execution while evolving our tradition. We map to capitalize on key technology inflections that space us up to play the next characteristic in our customers’ success, while bettering returns for our householders.”

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