Categories AlphaGraphs, Earnings, Technology
Intel (INTC) Earnings: Q3 profit tops expectations amid strong chip demand
Intel Corporation (NASDAQ: INTC) Thursday reported higher revenues and earnings for the third quarter of 2021. The bottom-line also came in above estimates.
Revenues increased 5% annually to $19.2 billion in the September quarter as the COVID-driven digital transformation lifted the demand for chips. On an adjusted basis, revenues were $18.1 billion.
Adjusted earnings moved up to $1.71 per share from $1.08 per share in the third quarter of 2020 and beat the estimates. Net income was $6.8 billion or $1.67 per share, compared to $4.3 billion or $1.02 per share last year.
Read management/analysts’ comments on Intel’s Q3 results
Shares of Intel lost about 13% in the past six months. They declined on Thursday evening immediately following the earnings announcement, after closing the regular session higher.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
