Intel’s stock inches up on solid earnings and revenue beat
The company reported earnings before certain costs such as stock compensation of 13 cents per share, squeezing past Wall Street’s consensus estimate of 12 cents per share. Revenue for the quarter came to $14.26 billion, up 7% from a year ago and ahead of the Street’s target of $13.81 billion.
Intel reports Q4 beats on top and bottom line, stock rises on foundry revenue outlook
Intel is currently being led by co-CEOs David Zinsner, who also serves as CFO, and Michelle Johnston Holthaus, who is also CEO of Intel Products. The company is still searching for a permanent CEO to take the reins and attempt to revitalize the storied chipmaker.
The chipmaker is still pushing to make its internal foundry profitable as it continues to search for a new CEO.
Intel's next-gen Nova Lake CPU is set to arrive in 2026, and a new leak shows that it may come with double the P-cores and ...
Intel's Foundry business will remain an independent subsidiary, not spun off, raising questions about management's strategy ...
Intel posted its first earnings report since Pat Gelsinger retired from his post as Chief Executive Officer, and it largely ...
Intel stock originally traded higher on Friday but has since reversed and began trading lower after the company reported 2024 ...
Intel (INTC) is scheduled to report results of its fiscal fourth quarter after the market close on January 30, with a conference call scheduled ...
Track all markets on TradingView In the three months ending December 28, Intel's revenue decreased 7.4% year over year to $14.3 billion. Its earnings per share (EPS) slumped 75.9% from the year ...
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Intel Stock Gains Pre-Market On Q4 Earnings Beat But Soft Guidance, AI Pivot Dampen Retail SentimentIntel Corp. (INTC) rose 1.4% in pre-market trading on Friday after a fourth-quarter earnings beat. However, investor ...
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