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INTC (Trans): 18A yield beats internal expectations; server CPU to maintain double-digit growth
Below is Dolphin Research's transcript summary of $Intel(INTC.US) FY26 Q1 earnings call.
For our take, please see 'Intel: Leaving the darkest hour behind as the old champion mounts a counterattack.'1) Q1 beat across the board.
Revenue was $13.6bn, $1.4bn above the midpoint of guidance. Non-GAAP GPM came in at 41%, ~650bps ahead of guide.Non-GAAP EPS was $0.29 vs. breakeven guided.
This included approx. $0.06 from interest and other one-off gains...
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