Intel has reported second quarter revenue of $13.2 billion, operating income of $2.9 billion, net income of $2.7 billion and EPS of 55 cents. The company generated approximately $3.4 billion in cash from operations, paid dividends of $1.1 billion, and used $697 million to repurchase 22 million shares of stock.
"Second quarter results demonstrate the transformation of our business as growth in data center, memory and IoT accounted for more than 70% of our operating profit and helped offset a challenging PC market," said Brian Krzanich, CEO of Intel. "We continue to be confident in our growth strategy and are focused on innovation and execution. We expect the launches of Skylake, Microsoft's Windows 10 and new OEM systems will bring excitement to client computing in the second half of 2015."
Client Computing Group revenue of $7.5 billion, up 2% sequentially and down 14% year-over-year. Data Center Group revenue of $3.9 billion, up 5% sequentially and up 10% year-over-year. Internet of Things Group revenue of $559 million, up 5% sequentially and up 4% year-over-year. Software and services operating segments revenue of $534 million, flat sequentially and down 3% year-over-year.