Intel (INTC): A Big EPS Beat, A $1.9B Foundry Loss, And A Q4 Guide That Halves Earnings
Intel beat its Q3 EPS guide with $0.52, but foundry lost $1.9B on $411M of external revenue and Q4 EPS is guided to $0.25.
Earnings release · INTC
Intel Corp. · Filed · SEC Form 8-K, Item 2.02
Revenue climbed 21% year on year to $16.5 billion, and EPS was $0.60. The company issued new guidance, which gives a first marker for expectations in the periods ahead.
Written automatically by Stocknote's note engine from the figures on this page and the company's previous release. Every number in this note is checked against those figures. Not investment advice.
$16.5 billion +21% vs a year ago
…Third-quarter revenue was $16.5 billion, up 21% year-over-year (YoY).…
$0.60
…Third-quarter earnings per share (EPS) attributable to Intel was $0.60; non-GAAP EPS attributable to Intel was $0.52.…
Guidance issued
…Business Outlook.…
Intel beat its Q3 EPS guide with $0.52, but foundry lost $1.9B on $411M of external revenue and Q4 EPS is guided to $0.25.
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