Intel reports 1Q16 GAAP revenue of US$13.7 billion

Intel has reported first-quarter 2016 GAAP revenue of US$13.7 billion, operating income of US$2.6 billion, net income of US$2.0 billion and EPS of US%0.42. Intel reported non-GAAP revenue of US$13.8 billion, operating income of US$3.3 billion, net income of US$2.6 billion and EPS of US%0.54. The company generated approximately US$4.0 billion in cash from operations, paid dividends of US$1.2 billion, and used US$793 million to repurchase 27 million shares of stock.

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