Categories AlphaGraphs, Earnings, Technology
A visual representation of Intel (INTC) Q1 2020 earnings results
Intel Corporation (NASDAQ: INTC) reported its financial results for the quarter ended March 31, 2020 today.
Intel posted a 42% jump in earnings for the first quarter of 2020 helped by higher revenue. The revenue in the DCG segment rose by 43% aided by strong demand from cloud service provider customers. The PC-centric business increased by 14% on improved CPU supply and demand strength as consumers and businesses are relying on PCs for working and learning at home.
Looking ahead into the second quarter of 2020, Intel expects revenue of about $18.5 billion, earnings of $1.04 per share, and adjusted earnings of $1.10 per share. The spread of the COVID-19 pandemic has caused Intel to modify its business practices and the degree of the impact on its results will depend on future developments.
Past Performance
Most Popular
Walgreens Boots Alliance set to report Q2 earnings. Here’s what to expect
Walgreens Boots Alliance, Inc. (NASDAQ: WBA), a market leader in health and wellness services, is preparing to report second-quarter results, with market watchers forecasting a mixed outcome. As part of
Chewy (CHWY) is set for meaningful growth in the coming year, here’s why
Shares of Chewy, Inc. (NYSE: CHWY) stayed red on Thursday. The stock has dropped 2% over the past three months. The pet products company ended fiscal year 2024 on a
GME Earnings: GameStop Q4 2024 profit rises; sales down 28%
Video game company GameStop Corp. (NYSE: GME) has reported an increase in fourth-quarter 2024 earnings, despite a double-digit fall in revenues. Net sales decreased to $1.28 billion in the fourth
