For the fourth quarter of 2014, Intel reported revenue of $14.7 billion, up by six percent year-over-year. For the full 2014 fiscal year, Intel’s revenue was $55.9 billion, also up by six percent year-over-year. Net Income for the fourth quarter was reported at $3.9 Billion for a 39 percent improvement over the fourth quarter of 2013. Full year Net Income was reported at $11.7 billion, for a 22 percent year-over-year gain.
Looking forward, Intel provided first quarter fiscal 2015 guidance for the midpoint of its revenue range to be $13.7 billion.
“The fourth quarter marked a strong finish to a great year,” Brian Krzanich, Intel CEO said during his company’s earnings call.
Read the full story at Datamation:
Intel reports 2014 revenue of $55.9 Billion
Sean Michael Kerner is a senior editor at InternetNews.com. Follow him on Twitter @TechJournalist.
