Intel Corporation (NASDAQ: INTC) Thursday reported lower revenues and earnings for the first quarter of 2021. However, the numbers came in above estimates.
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.
S&P Global (NYSE: SPGI), a leading provider of financial intelligence solutions, reported strong earnings growth…
Fiserv Inc. (NASDAQ: FISV) reported its fourth quarter 2025 earnings results today. Revenue increased 1%…
Incyte achieved total revenue of $5.14 billion for the full year 2025, a 21% year-over-year…
CVS Health Corporation (NYSE: CVS) reported record full-year 2025 consolidated revenues of $402.1 billion, a…
Healthcare solutions company CVS Health Corporation (NYSE: CVS) on Monday reported an increase in revenues…
The industrial materials manufacturer reported flat fourth-quarter sales and a full-year organic growth rate of…