1 week ago

Intel Stock Climbs On Better-Than-Expected Q3 Results: Details

Intel Corp. (NASDAQ:INTC) reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report.  

The Details: Intel reported quarterly earnings of 12 cents per share, which beat the analyst consensus estimate for losses of 2 cents. Quarterly revenue clocked in at $13.3 billion, which beat the consensus estimate of $13.02 billion.

“Our Q3 results underscore the solid progress we are making against the plan we outlined last quarter to reduce costs, simplify our portfolio and improve organizational efficiency. We delivered revenue above the midpoint of our guidance, and are acting with urgency to position the business ...

Full story available on Benzinga.com

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