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Intel Earnings Q4

by Index Investing News
January 27, 2023
in Stocks
Reading Time: 1 min read
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Revenue: $14 billion versus $14.4 billion expected

Adjusted EPS: $0.10 versus $0.19 expected

Client Computing: $6.6 billion versus $7.4 billion expected

Datacenter and AI: $4.3 billion versus $4 billion expected

Intel's Q1 expectations aren't much better than its Q4 performance. The company said it expects revenue of between $10.5 billion and $11.5 billion. The Street was looking for $14 billion. Gross margins are also expected to come in at 39%. Analysts anticipated margins to top 45.5%

More on https://finance.yahoo.com/news/intel-earnings-chip-giant-misses-wall-street-expectations-q1-guidance-disappoints-210626026.html

Guidance also dogshit

submitted by /u/YJoseph
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