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BRIEF-Intel sees Q4 revenue of $15.7 bln, plus or minus $500 mln
October 18, 2016 / 8:17 PM / a year ago

BRIEF-Intel sees Q4 revenue of $15.7 bln, plus or minus $500 mln

Oct 18 (Reuters) - Intel Corp :

* Revenue is expected to be $15.7 billion, plus or minus $500 million in the fourth quarter

* GAAP gross margin in the fourth quarter is expected to be 61 percent, plus or minus a couple of points

* Sees Q4 non-GAAP revenue $15.7 billion, plus or minus $500 million

* Sees Q4 non-GAAP gross margin percentage 63 percent, plus or minus a couple percent points

* Sees Q4 non-GAAP research and development plus MG&A spending about $5.2 billion

* Approximately $1.8 billion restructuring and other charges have been realized to-date, with $250 million expected in the fourth quarter

* Total restructuring, other charges expected to be $2.3 billion, with majority of remaining charges to be realized between now and middle of 2017

* Sees full-year 2016 capital spending of $9.5 billion, plus or minus $500 million

* FY2016 revenue view $58.65 billion -- Thomson Reuters I/B/E/S Source: bit.ly/2eeVLzW Further company coverage:

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