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Intel posts Q4 revenue of $15.4B, up 10% but Q1 expectations weak

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Intel reported that its fourth-quarter revenue was $15.4 billion, up 10% from a year earlier. But the stock sank on the news that Intel was forecasting a lower-than-expected Q1.

Overall revenue for the full 2023 year was $54.2 billion, down 14% from a year earlier. Fourth-quarter earnings per share (EPS) were 63 cents a share, while non-GAAP EPS was 54 cents a share. Full-year EPS was 40 cents a share, while non-GAAP EPS attributable to Intel was $1.05 a share.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.