Intel Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 25, 2021
October 21, 2021 at 04:10 pm EDT
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Intel Corporation reported earnings results for the third quarter and nine months ended September 25, 2021. For the third quarter, the company reported sales was USD 19,192 million compared to USD 18,333 million a year ago. Net income was USD 6,823 million compared to USD 4,276 million a year ago. Basic earnings per share from continuing operations was USD 1.68 compared to USD 1.02 a year ago. Diluted earnings per share from continuing operations was USD 1.67 compared to USD 1.02 a year ago.
For the nine months, sales was USD 58,496 million compared to USD 57,889 million a year ago. Net income was USD 15,245 million compared to USD 15,042 million a year ago. Basic earnings per share from continuing operations was USD 3.76 compared to USD 3.55 a year ago. Diluted earnings per share from continuing operations was USD 3.73 compared to USD 3.52 a year ago.
Intel Corporation is the world leading manufacturer of semiconductor. Net sales break down by family of products and services as follows:
- computing architectures products (93.2%): processors and microprocessors (Pentium, Intel Xeon brands, etc.), graphics cards, chips and motherboards, connectivity products, cellular modems, Ethernet controllers, network components, storage products, etc. for PCs, servers, data centers, cloud networks, workstations, notebooks, Internet of Things, graphics architectures, intelligent peripherals and communications infrastructures. The group also develops associated software;
- advanced driving assistance and autonomous driving systems (3.8%; Mobileye);
- wafer manufacturing services (1.8%): accelerators, monolithic chips, silicon wafers, etc. The group also offers chiplet software and mask manufacturing equipment for advanced lithography;
- other (1.2%).
Net sales (including intragroup) are distributed geographically as follows: the United States (25.7%), China (27.4%), Singapore (15.9%), Taiwan (12.7%) and other (18.3%).