Intel Q1 Revenue $16.1 billion ($16.02 billion expected)
Intel stock fell over 6% after new CEO Bob Swan said the company is"taking a more cautious view of the year" as it cuts its forecast for the next quarter.in January, Intel reported revenue of $16.1 billion and earnings of $0.89 per share for the first three months of 2019, roughly in line with Wall Street expectations. Notably, that revenue figure is roughly flat from the same period of 2018.
"Looking ahead, we're taking a more cautious view of the year, although we expect market conditions to improve in the second half," Bob Swan, Intel CEO, said in a statement.$0.89, versus Wall Street expectations of $0.87.$16.1 billion, versus $16.02 billion expected. This figure is roughly flat from the same period of 2018.$15.6 billion. Analysts forecasted $16.85 billion.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
LIVE: Here come Intel's Q1 earningsOne week after new CEO Bob Swan's surprise move to get out of the smartphone business, Intel is set to report its Q1 earnings.
Lire la suite »
Intel drops 7% on weak outlookIntel reported higher EPS and revenue than analysts had expected, though shares dropped on the earnings report in post-market trading.
Lire la suite »
Intel set to report first-quarter earnings after the bellIntel is providing its first earnings report since announcing that it's exiting the 5G smartphone market.
Lire la suite »
The Latest: New Zealand: No intel linking Sri Lanka bombingsThe office of New Zealand's prime minister says she is aware of comments linking Sri Lanka's Easter bombings to the mosque attacks in Christchurch, though it hasn't 'seen any intelligence upon which such an assessment might be based'
Lire la suite »
What this week’s Apple-Qualcomm-Intel dance means for the future of 5GQualcomm is now alone at the top of the 5G chip market.
Lire la suite »
INTC Stock | INTEL Stock Price Today | Markets Insider
Lire la suite »
Preparing Your Workforce For The AI RevolutionArtificial intelligence (AI) represents great promise for achieving the vision of an intelligent enterprise—from predicting customer behavior to managing large-scale production systems.
Lire la suite »
Officials: Mueller showed Team Trump left itself wide open to Russians'The Russians found a group of people who were not intelligence savvy' and didn't listen to U.S. intel officials, said a CIA veteran.
Lire la suite »
Key Characteristics Of AI LeadersCompanies leading the way with artificial intelligence (AI) understand they are not just implementing the latest technology, but they are also engaging in more forward-looking ways of thinking, of redesigning and repurposing their businesses.
Lire la suite »