Intel Corporation Reports Strong Performance in Q1 2024
Thursday, 25 April 2024, 20:07
INTC Earnings: Intel Q1 Revenue Surges
Semiconductor giant Intel Corporation (NASDAQ: INTC) posted a solid performance in its recent quarterly report. Revenues climbed 9% year-over-year to $12.72 billion, fueled by growth in the Client Computing segment.
Earnings Beat Expectations
On an adjusted basis, Intel reported earnings of $0.18 per share, a significant improvement compared to the previous year. The company's performance exceeded Wall Street's forecasts, showcasing its resilience.
- Client Computing Segment Growth
- Adjusted Earnings per Share: $0.18
- Net Loss: $381 million
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