Intel shows signs of progress in the face of another revenue decline
Intel Corp. saw further declines in revenue during the latest quarter but beat its guidance on a closely watched margin ...
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 ...
Intel issues weak forecast, but beats on fourth-quarter results
Intel's revenue declined for a third straight quarter, decreasing 7% from a year earlier, according to a statement. The company's net loss for the quarter totaled $126 million, or 3 cents per share, ...
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Intel Earnings Get Worse Before ‘Modest Recovery’ Expected In Late 2023
Intel reported a 36 percent decline in revenue and a 134 percent plummet in net income for the first quarter, but CEO Pat Gelsinger says the chipmaker expects a ‘modest recover’ in the second ...
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Intel Loses $26B In Market Cap On Layoff, Cost-Cutting Plan
For the quarter, Intel reported a GAAP net loss of $1.61 billion or 38 cents per share, a significant change from last year’s net income of $1.47 billion or 25 cents per share. On a non-GAAP ...
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Intel to cut at least 15% of workforce as part of $10 billion in cost-cutting
Intel announced it is laying off more than 15% of its workforce after a disappointing earnings report. "Our costs are too high, our margins are too low," Intel CEO Pat Gelsinger said in a public ...