Intel Corporation reported full-year and fourth-quarter 2017 financial results. Q4 revenue was $17.1 billion, compared to $16.4 billion reported in Q4 of 2016. Net loss was $0.7 billion, compared to $3.6 billion reported in Q4 of 2016. Q4 results included a one-time income tax expense of $5.4 billion as a result of the U.S. corporate tax reform enacted in December. Excluding this one-time charge, net income for the quarter was $5.2 billion in the quarter.
For the full year revenue and net income were $62.76 billion and $9.6 billion respectively, compared to $59.39 billion and $10.3 billion reported in 2016.
Intel added that 2017 was a record year with record fourth-quarter results driven by strong growth of data-centric businesses, in 2018 the highest priorities will be executing a data-centric strategy and meeting its commitments to shareholders and customers.
