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.

Intel Q4 2020 earnings results

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.

  • Intel (INTC) Q3 2019 Earnings Review


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

Infographic: Key highlights from Campbell Soup Company’s (CPB) Q1 2023 earnings results

Campbell Soup Company (NYSE: CPB) reported first quarter 2023 earnings results today. Net sales increased 15% year-over-year to $2.57 billion. Organic sales growth was 15%. Net earnings attributable to Campbell Soup

Cancer drug maker Felicitex prepares for IPO. Here’s all you need to know

Fewer companies filed for initial public offering this year, compared to 2021 when the market witnessed a record number of IPOs. With only a few weeks left for the year

Chipotle Mexican Grill (CMG): A few points to keep in mind if you have an eye on this restaurant chain

Shares of Chipotle Mexican Grill Inc. (NYSE: CMG) were down 3% on Tuesday. The stock has dropped 13% year-to-date but there is still a positive sentiment in general about its

Add Comment
Viewing Highlight