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Intel Announces Record Revenue of $9.96 Billion; EPS of 32 Cents

Includes Legal Settlement that Lowered EPS by Approximately 2 Cents

Intel Announces Record Revenue of $9.96 Billion; EPS of 32 Cents Includes Legal Settlement that Lowered EPS by Approximately 2 Cents - Oct 18, 2005 04:22 PM (BusinessWire)

SANTA CLARA, Calif.--(BUSINESS WIRE)--Oct. 18, 2005--Intel Corporation today announced record revenue of $9.96 billion for the third quarter, up 18 percent year-over-year and up 8 percent sequentially.

Third-quarter operating income was $3.1 billion, up 31 percent year-over-year and up 17 percent sequentially, and includes the impact of a legal settlement discussed below. Net income was $2 billion, up 5 percent year-over-year and down 2 percent sequentially. Earnings per share (EPS) were 32 cents, up 7 percent from 30 cents in the third quarter of 2004 and down 3 percent from 33 cents in the second quarter of 2005. Third-quarter net income and EPS included the impact of a legal settlement and tax item discussed below.

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