Published Intel report for the first quarter of 2017
Simultaneously with other companies that have a calendar year coincides with the financial, Intel reported for the first quarter of 2017.
The reporting period, the manufacturer brought 14.8 billion dollars in revenue, which was 8% more than in the first quarter of 2016. Operating profit amounted to 3.6 billion dollars for the year increased by 40%.
Three months had paid dividends in the amount of $ 1.2 billion. The same amount was allocated for the repurchase of 35 million shares. The Board of Directors approved an increase in the stock repurchase program to $ 10 billion, so now along this line there are $ 15 billion.
With regard to the distribution of income on units, the contribution of the Client Computing Group is $ 8 billion — 6% more than a year ago. Division Data Center Group brought in 4.2 billion dollars, which is also 6% higher than a year ago. Income units of the Internet of Things Group grew by 11% to 721 million dollars. Income units Non-Volatile Memory Solutions Group for the year increased by 55%, to 866 million dollars. The activities of the company’s Programmable Solutions Group brought to the company 425 million dollars that on 18% more than a year ago. Among key units, only the Intel Security Group showed a reduction of income. Its revenue decreased by 1% to 534 million dollars.