Categories AlphaGraphs, Earnings, Technology

Earnings Infographic: Intel (INTC) Q1 2021 profit, revenue beat estimates

Intel Corporation (NASDAQ: INTC) Thursday reported lower revenues and earnings for the first quarter of 2021. However, the numbers came in above estimates.

Intel Q1 2021 earnings infographic

Revenues dropped 1% annually to $19.7 billion in the March quarter as COVID-related uncertainties continued to weigh on demand. However, the number exceeded the consensus forecast.

Adjusted earnings decreased to $1.39 per share from $1.41 per share in the first quarter of 2020, but beat the forecast. Net income was $3.4 billion or $0.82 per share, compared to $5.7 billion or $1.31 per share last year.

Read management/analysts’ comments on Intel’s Q1 results

Intel’s stock dropped Thursday evening following the earnings release, after closing the regular session lower. The stock has gained 26% so far this year.

  • Intel reports Q3 2020 earnings results


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

Snowflake (SNOW) appears to be on solid footing despite cloud slowdown

The cloud computing market witnessed accelerated growth in the last couple of years, as enterprises across the world shifted their digital assets to cloud for ensuring safety and enhancing data

Dollar Tree (DLTR) vs. Dollar General (DG): How did the third quarter turn out for these discount retailers?

In times of high inflation and economic uncertainty, consumers tend to turn to discount retailers in search of more value. The two leading discount retailers Dollar Tree Inc. (NASDAQ: DLTR)

Kroger (KR) looks set to start 2023 with new vigor. Is the stock a buy?

The retail environment has witnessed many changes in customers’ shopping behavior lately, especially after the COVID outbreak. With inflation putting pressure on personal finances, there appears to be a new

Add Comment
Viewing Highlight