Intel Corporation (NASDAQ: INTC) reported third quarter 2023 earnings results today.
Revenue decreased 8% year-over-year to $14.2 billion.
Net income attributable to Intel decreased 71% to $297 million, or $0.07 per share, versus last year. Adjusted EPS rose 11% to $0.41.
For the fourth quarter of 2023, the company expects revenue of $14.6-15.6 billion and adjusted EPS of $0.44.