Intel Reports First-Quarter 2024 Financial Results
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations:
intc.com/investor-relations/default.aspx
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Source: Business Wire
NEWS SUMMARYFirst-quarter revenue of $12.7 billion, up 9% year over year (YoY).First-quarter GAAP earnings (loss) per share (EPS) attributable to Intel was $(0.09); non-GAAP EPS attributable to Intel was $0.18.Forecasting second-quarter 2024 revenue of $12.5 billion to $13.5 billion; expecting second-quarter EPS of $(0.05); non-GAAP EPS of $0.10. SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation today reported first-quarter 2024 financial results.“We are making steady progress against our priorities and delivered a solid quarter,” said Pat Gelsinger, Intel CEO. “Strong innovation across our client, edge and data center portfolios drove double-digit revenue growth in Intel Products. With Intel 3 in high-volume production, leading-edge semiconductors are being manufactured in the U.S. for the first time in almost a decade and we are on track to regain process leadership next year as we grow Intel Foundry. We are confident in our plans to drive sequential growth throughout the y
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