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Stockreport

Intel (INTC) Tops Q1 Earnings Estimates, Falters on Revenues [Yahoo! Finance]

Intel Corporation (INTC)  More Company Research Source: Yahoo! Finance
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Intel Corporation INTC reported relatively healthy first-quarter 2024 results, largely due to strong operating leverage, expense discipline and significant traction from its IDM 2.0 (integrated device manufacturing) strategy. Net Income The company reported a GAAP loss of $381 million or a loss of 9 cents per share compared with a loss of $2,758 million or a loss of 66 cents per share in the year-ago quarter. The significantly narrower loss was primarily attributable to higher revenues and income tax benefits accrued in the quarter. Non-GAAP earnings in the reported quarter were $759 million or 18 cents per share against a net loss of $169 million or a loss of 4 cents per share a year ago. The bottom line beat the Zacks Consensus Estimate by 5 cents. Intel Corporation Price, Consensus and EPS Surprise Intel Corporation price-consensus-eps-surprise-chart | Intel Corporation Quote Revenues GAAP revenues in the reported quarter were $12,724 million, up from $11,715 million [Read more]

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Stockreport

Intel (INTC) Tops Q1 Earnings Estimates, Falters on Revenues [Yahoo! Finance]

Intel Corporation  (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Intel Corporation INTC reported relatively healthy first-quarter 2024 results, largely due to strong operating leverage, expense discipline and significant traction from its IDM 2.0 (integrated device manufacturing) strategy. Net Income The company reported a GAAP loss of $381 million or a loss of 9 cents per share compared with a loss of $2,758 million or a loss of 66 cents per share in the year-ago quarter. The significantly narrower loss was primarily attributable to higher revenues and income tax benefits accrued in the quarter. Non-GAAP earnings in the reported quarter were $759 million or 18 cents per share against a net loss of $169 million or a loss of 4 cents per share a year ago. The bottom line beat the Zacks Consensus Estimate by 5 cents. Intel Corporation Price, Consensus and EPS Surprise Intel Corporation price-consensus-eps-surprise-chart | Intel Corporation Quote Revenues GAAP revenues in the reported quarter were $12,724 million, up from $11,715 million [Read more]

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