Adjusted EPS $1.87
Revenue $81.62B, est. $79.19B
Sees Q2 Revenue $89.18B–$92.82B, est. $87.36B
Sees Q2 Revenue $91.0B ±2%
Adjusted Gross Margin 75.0%
Sees Q2 Adjusted Gross Margin 74.5%–75.5%
Data Center Revenue $75.2B, est. $73.48B
Sees Q2 Adjusted Operating Expenses ~$8.3B, est. $7.93B
Boosts quarterly cash dividend to $0.25/share vs. $0.01/share prior
Reports additional $80B share buyback authorization
Moving to a new reporting framework with two platforms
Q2 revenue outlook topped estimates
No shipments of data center hopper products to China