Categories AlphaGraphs, Earnings, Technology
Infographic: Intel (INTC) Q4 earnings beat despite lower revenue
Intel Corporation (NASDAQ: INTC) released fourth-quarter earnings report Thursday after the closing bell, reporting flat earnings and lower revenues. The results exceeded the market’s prediction.
As the market uncertainty continued to weigh on demand, revenues declined 1% from last year to $20 billion in the fourth quarter but came in above the consensus forecast.
At $1.52 per share, adjusted earnings were unchanged from last year. Net income was $5.9 billion or $1.42 per share, compared to $6.9 billion or $1.58 per share in the corresponding period of 2019. Earnings, however, beat the Street view.
Read management/analysts views on Intel’s Q4 report
The company’s stock maintained a steady uptrend throughout Thursday but dropped soon after the earnings release. The shares have gained 18% since the beginning of the year.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Can General Motors (GM) navigate the tariff challenge ahead?
General Motors' (NYSE: GM) stock tumbled last week after the Trump administration imposed new tariffs on automobile imports, raising concerns about their potential impact on the company’s production as it
What to look for when Delta Air Lines (DAL) reports its Q1 2025 earnings results
Shares of Delta Air Lines (NYSE: DAL) were down over 1% on Monday. The stock has dropped 28% over the past three months. The airline is scheduled to report its
STZ Earnings Preview: Can Constellation Brands leverage growing beer sales?
Constellation Brands, Inc. (NYSE: STZ) has effectively navigated challenges like cautious consumer spending and declining demand for its wine and spirits brands by capitalizing on the sustained growth in the
