Intel (INTC) Reported Quarter Ended June 2024.

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!

Amara

Member
Jul 18, 2024
225
0
16
Revenue: $12.83 billion, down 0.9% year-over-year, missing the Zacks Consensus Estimate of $12.92 billion by 0.70%.

EPS: $0.02, compared to $0.13 in the same quarter last year, missing the consensus estimate of $0.10 by 80%.

Key Metrics:
Total Intel Products Group Revenue: $11.80 billion vs. $12 billion estimate.

Other Revenue: $167 million, up 45.2% year-over-year, vs. $190.73 million estimate.
Network and Edge Revenue: $1.34 billion, down 1.5% year-over-year, vs. $1.39 billion estimate.

Data Center and AI Revenue: $3.05 billion, down 24% year-over-year, vs. $3.08 billion estimate.
Client Computing Group Revenue: $7.41 billion, up 9.3% year-over-year, vs. $7.52 billion estimate.

Intersegment Eliminations: -$4.25 billion vs. -$4.52 billion estimate.
Intel Foundry Services Revenue: $4.32 billion, up 1762.1% year-over-year, vs. $4.51 billion estimate.

Mobileye Revenue: $440 million, down 3.1% year-over-year, vs. $423.17 million estimate.
Altera Revenue: $361 million vs. $384.73 million estimate.

Client Computing-Other Revenue: $403 million, down 21.6% year-over-year, vs. $399.91 million estimate.

Client Computing-Notebook Revenue: $4.48 billion, up 15% year-over-year, vs. $4.55 billion estimate.

Stock Performance:
Shares of Intel have declined 1.6% over the past month, while the Zacks S&P 500 composite gained 1.1%.