More from Briefing.com: 6:36PM Intel capex color (INTC) 18.36 -0.76: -- Update -- Conference call ends; only other information of note was color on capex cuts: Intel emphasizes that the cuts will not come from fabs, but instead primarily from scaling back office building and lab equipment - refers to cut as a "trim". Company won't provide 2003 capex guidance, but does mention hopes to improve capital efficiency, which could be interpreted as evidence that capex will be flat or down, though the company was careful not to even hint at specific dollar guidance. Stock still up slightly at 18.64 after hours. Semi equipment stocks mixed, with AMAT and NVLS little changed, KLAC +0.50 with help from an after hours UBS upgrade, and KLIC -1.00 on lower Sep qtr guidance.
6:21PM Teradyne (TER) 21.75 -0.45: Reports Q2 (Jun) loss of $0.28 per share, $0.02 better than the Multex consensus of ($0.30); revenues fell 15.3% year/year to $309.9 mln vs the $300.9 mln consensus. Company also warns for Q3, sees loss of $0.29 vs Multex consensus ($0.19); revs $325-350 mln vs Multex consensus $362 mln.
5:44PM Intel confirms $0.10 EPS (INTC) 18.36 -0.76: -- Update -- On conference call, company confirms that EPS for Q2 excluding both acquisition charges and a charge for closing its online services division was "a little over $0.10", or just shy of the $0.11 consensus. Company also notes that gross margin would have been 49% without the latter charge, in line with its mid-quarter guidance. Stock at 18.63 after hours.
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