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Intel holds its own for Q4’2020

Fourth-quarter revenue was $20.0 billion, exceeding the company’s October guidance by $2.6 billion but down 1%-year-over-year (YoY). Full-year revenue set an all-time Intel record of $77.9 billion, up 8 % YoY. The company delivered impressive fourth-quarter earnings per share (EPS) of $1.42 ($1.52 on a non-GAAP basis, exceeding its October guidance by 42 cents). In 2020, Intel generated a record ...

Jon Peddie

Fourth-quarter revenue was $20.0 billion, exceeding the company’s October guidance by $2.6 billion but down 1%-year-over-year (YoY). Full-year revenue set an all-time Intel record of $77.9 billion, up 8 % YoY. The company delivered impressive fourth-quarter earnings per share (EPS) of $1.42 ($1.52 on a non-GAAP basis, exceeding its October guidance by 42 cents). In 2020, Intel generated a record $35.4 billion cash from operations and $21.1 billion of free cash flow (FCF) and returned $19.8 billion to shareholders. The company is now forecasting first-quarter 2021 revenue of approximately $18.6 billion (non-GAAP revenue of $17.5 billion); expecting first-quarter EPS of
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