Business Outlook
Intel’s guidance for the second quarter of 2024 includes both GAAP and non-GAAP estimates. Reconciliations between GAAP and non-GAAP financial measures are included below.
| Q2 2024 | GAAP | Non-GAAP | ||
| Revenue | $12.5-13.5 billion | |||
| Gross Margin | 40.2% | 43.5% | ||
| Tax Rate | 61% | 13% | ||
| Earnings (Loss) Per Share Attributable to Intel—Diluted | $(0.05) | $0.10 |
Actual results may differ materially from Intel’s business outlook as a result of, among other things, the factors described under “Forward-Looking Statements” below. The gross margin and EPS outlook are based on the mid-point of the revenue range.