Intel Stock Climbs On Better-Than-Expected Q3 Results: Details

Quick Summary:

Quarterly revenue clocked in at $13.3 billion, which beat the consensus estimate of $13.02 billion.“Our Q3 results underscore the solid progress we are making against the plan we outlined last quarter to reduce costs, simplify our portfolio and improve organizational efficiency.

Here's a look at the details from the report.  

The Details: Intel reported quarterly earnings of 12 cents per share, which beat the analyst consensus estimate for losses of 2 cents.

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Article Details

Author / Journalist: Erica Kollmann

Category: Technology

Markets: United States

Topics: Tech Earnings Why it's moving US4581401001 Benzinga After-Hours Center Semiconductors Pat Gelsinger INTC AI News Movers Artificial intelligence

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 20:37:50 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 336 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23354738

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