Here are the financial results

Fourth-quarter revenue was $14.0 billion, down 32 percent year-over-year (YoY) and down 28 percent YoY on a non-GAAP basis. Full-year revenue was $63.1 billion, down 20 percent YoY and down 16 percent YoY on a non-GAAP basis.

▪ Fourth-quarter earnings (loss) per share (EPS) was $(0.16); non-GAAP EPS was $0.10. Full-year EPS was $1.94; non-GAAP EPS was $1.84.

▪ Forecasting first-quarter 2023 revenue of $10.5 billion to $11.5 billion; expecting first-quarter EPS of $(0.80) (non-GAAP EPS of $(0.15)).

▪ Declares quarterly cash dividend of $0.365 per share.

https://www.intc.com/news-events/press-releases/detail/1600/intel-reports-fourth-quarter-and-full-year-2022-financial

Comment! It's anonymous!

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It’s actually 36% GM.
They changed the accounting to a new 8 yr depreciation schedule. Lol. What clowns

🤣 Intel guiding the street to 39% gross margin in Q1... what a joke. This puts Intel just ahead of gas stations and grocery stores as far as margins go...

Intel is in a death spiral. No two ways about it.

Here's a comment below from seekingalpha that sums it all up. And the last number is probably lower than 11.5B.

Thats a disaster,
Q1 2021 = 19.6B
Q1 2022 = 18B
Q1 2023 = 11.5B
wow....

It was better when your employer gave you a check and they didn't have your bank info!

The QPB budget is a straight percentage of quarterly profit. The Q1 projection is a loss, so $0 for Q1 QPB. If there were a provision for clawing paydays back for a loss, Q1’s (-$0.15) would result in about half a day paycheck deduction.

What? Why no qpb?

No QPB for Q1.

Very convenient they completely re-did the APB formula to take affect this year. Completely gutted the APB payments knowing the financial performance would be so poor this year.

4 days QPB, APB is 59.7%

Thread regarding Intel Corp. layoffs

Here are the financial results

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