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

Earnings Preview: Fastenal Company likely to report higher Q2 sales and profit

Fastenal Company (NASDAQ: FAST), a leading provider of industrial and construction supplies, is set to publish its second-quarter results next week. The company is among the hardest hit by the

What to look for when Netflix (NFLX) reports its Q2 2025 earnings results

Shares of Netflix, Inc. (NASDAQ: NFLX) stayed red on Monday. The stock has gained 50% over the past three months. The streaming giant is scheduled to report its earnings results

Coinbase shines on stablecoin boom, S&P 500 debut. Will the rally continue?

Coinbase Global, Inc. (NASDAQ: COIN) has emerged as the largest and most user-friendly cryptocurrency exchange in the US, since going public a few years ago. It has played a pivotal

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top