Intel net profit for 9 months increased by 1.5 times

© Flickr / Josh BancroftЛоготип Intel. Archival photoIntel net profit for 9 months increased by 1.5 times© Flickr / Josh Bancroft

Net profit of American company Intel, one of the world’s largest manufacturers of computer components in the first nine months of 2018 grew in annual terms by 1.5 times, up to 15,858 billion, said in a press release.

Diluted earnings per share in the reporting period amounted to 3.35 against the dollar to $ 2.12 in 2017. At the same time, the company had revenues of $ 52,191 billion dollars, an increase of 14.2%.

In the third quarter, Intel’s profit increased in annual terms by 41.7% to 6,398 billion dollars. Diluted earnings per share in the reporting period amounted to 1.38 USD 0.94 against the dollar last year. Analysts had expected the indicator at the level of 1.15 dollars per share. The company had revenues of $ 19,163 billion dollars, an increase of 18.6%.

«In the third quarter of client demand for our PC and system data exceeded expectations. We are very pleased that in a highly competitive market customers continue to choose Intel», — are given in release the words of CFO Bob Swan (Bob Swan).

On reporting of Intel shares on the NASDAQ closed trading Thursday growth of 4.46%.

American Corporation Intel Corp. was founded in 1968. It produces a wide range of electronic devices and computer components, including microprocessors.

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