- Intel (INTC) expects Q2 revenue of $12.5B-$13.5B vs. a $12.96B consensus. Full-year guidance for flat revenue growth (compares with a consensus for 0.8% growth) and capex of $10.5B-$11.5B is reiterated.
- Q1 gross margin was 59.7%, -230 bps Q/Q and +350 bps Y/Y, and above a guidance midpoint of 59%. GM is expected to rise to 63% (+/- 2%) in Q2, and full-year GM guidance has been raised 100 bps to 61% (+/- a few percentage points).
- Full-year R&D/MG&A spending guidance has been raised by $300M to $18.7B-$19.1B. While revenue rose just 1.7% Y/Y in Q1, opex rose 12% to $5.09B.
- $545M was spent on buybacks, up from $528M in Q4.
- Q1 results, PR
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at MarketWatch.com (Apr 28, 2015)
Dow 30 Stock Roundup: Intel Merges Mobile and PC Results, Boeing's Q1 Deliveries Jump - Analyst Blogat Zacks.com (Apr 10, 2015)
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