SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (89198)10/28/2022 12:05:01 AM
From: Return to Sender2 Recommendations

Recommended By
Kirk ©
Sun Tzu

  Respond to of 95413
 
Intel beats by $0.26, reports revs in-line; guides Q4 EPS below consensus, revs below consensus
4:06 PM ET 10/27/22 | Briefing.com

Reports Q3 (Sep) earnings of $0.59 per share, excluding non-recurring items, $0.26 better than the S&P Capital IQ Consensus of $0.33; revenues fell 15.4% year/year to $15.3 bln vs the $15.31 bln S&P Capital IQ Consensus. Co issues downside guidance for Q4, sees EPS of $0.20, excluding non-recurring items, vs. $0.68 S&P Capital IQ Consensus; sees Q4 revs of $14-15 bln vs. $16.43 bln S&P Capital IQ Consensus."Despite the worsening economic conditions, we delivered solid results and made significant progress with our product and process execution during the quarter," said Pat Gelsinger, Intel CEO. "To position ourselves for this business cycle, we are aggressively addressing costs and driving efficiencies across the business to accelerate our IDM 2.0 flywheel for the digital future."