Intel Corp. Santa Clara, Calif. 1st Quar March 31:
2002 2001 Revenue $6,781,000,000 $6,677,000,000 Net income 936,000,000 485,000,000 Avg shrs (basic) 6,684,000,000 6,721,000,000 Avg shrs (diluted) 6,861,000,000 6,899,000,000 Shr earns (basic) Net income .14 .07 Shr earns (diluted) Net income .14 .07
Intel Corp. (INTC) reported pro forma earnings, which exclude acquisition related costs, of $1.02 billion, or 15 cents a share, down from $1.10 billion, or 16 cents a share, a year earlier.
Pro forma earnings met analysts' estimates of 15 cents a share, while revenue came essentially in line with estimates of $6.79 billion.
Revenue also met the company's January guidance of $6.6 billion to $6.9 billion, tightened from an earlier range of $6.4 billion to $7 billion.
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