Categories LATEST

Intel Q2 2023 Earnings: Stay tuned for the live earnings call and real-time transcript

Semiconductor giant Intel Corporation (NASDAQ: INTC) is all set to publish second-quarter 2023 results today after the closing bell, amid expectations for a decline in revenues.

Listen to Intel’s earnings call live and check the real-time transcript

When the tech firm reports Q2 results, the market will be looking for a loss of $0.03 per share, which would mark a deterioration from the prior-year quarter when the company reported earnings of $0.29 per share. Analysts expect revenues to be $10.97 billion, which represents a 28.40% year-over-year decline.

In the first three months of fiscal 2023, intel slipped to a net loss of $0.04 per share, on an adjusted basis, from earnings of $0.87 per share in the prior-year quarter. The bottom line was negatively impacted by a 36% fall in revenues to $11.7 billion. All the main operating segments contracted sharply in the first quarter.


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

Infographic: How Kohl’s Corporation (KSS) performed in Q1 2024

Kohl’s Corporation (NYSE: KSS) reported first quarter 2024 earnings results today. Net sales decreased 5.3% year-over-year to $3.2 billion. Comparable sales decreased 4.4%. Net loss was $27 million, or $0.24

Best Buy Co. (BBY) Q1 2025 earnings rise; comparable sales down 6.1%

Best Buy Co., Inc. (NYSE: BBY), a leading retailer of consumer electronics and related merchandise, reported higher profit for the first quarter of 2025, despite a decline in revenues. First-quarter

HRL Earnings: Key quarterly highlights from Hormel’s Q2 2024 financial results

Hormel Foods Corporation (NYSE: HRL) reported its second quarter 2024 earnings results today. Net sales decreased 3% year-over-year to $2.89 billion. Net earnings attributable to Hormel Foods Corporation were $189.2

Add Comment
Viewing Highlight