Intel Corporation (INTC)
Intel up 5% after hours after earnings beat and outlook statement
Intel Corp's (NASDAQ:INTC, ETR:INL) stock rose 5% in after-hours trading after posting stronger-than-expected third-quarter earnings and revenue, despite challenges in artificial intelligence and restructuring costs. Intel reported 17 cents earnings per share, surpassing analysts' estimates of a two-cent loss, and achieved $13.28 billion in revenue, slightly ahead of forecasts.
Intel earnings: The best is yet to come, analyst says
Intel (INTC) posted third quarter results showing an adjusted loss per share of $0.43, while revenue reached $13.28 billion, exceeding estimates of $13.02 billion. Moor Insights & Strategy CEO, founder, and chief analyst Patrick Moorhead joins Market Domination Overtime to analyze the results.
The toughest part is just starting for Intel: Analyst
David Nicholson of The Futurum Group discusses the challenges Intel is likely to face after a positive earnings result in Q3.
Intel: Why I'm Avoiding This Stock After Earnings
Intel just reported its third quarter earnings. The earnings figures missed estimates by a wide margin, while revenue beat expectations. Increased fourth quarter guidance triggered an after-hours rally.
Analyst: Optimistic about Intel's future provided there is no 'bumps on the road' throughout 2025
Patrick Moorhead from Moor Insights & Strategy says smooth foundry execution in 2025 could strengthen Intel's long-term outlook with PC market tailwinds.
Intel CEO's turnaround mirrors some moves by Steve Jobs. But is it too late?
Intel Corp. Chief Executive Pat Gelsinger gave a few important details Thursday about the company's ongoing restructuring that mirrored some of the moves that Steve Jobs made at Apple — but it may take longer to see the results.
Intel CEO Pat Gelsinger Discusses Company's Financial Results and Outlook
Intel CEO Patrick Gelsinger spoke on "Bloomberg Technology” discussing Intel's Q3 rally and outlook moving forward. He sais: “We worked very hard this quarter to get this done,” largely crediting company restructuring for delivering better than expected results.
Intel Corporation (INTC) Q3 2024 Earnings Call Transcript
Intel Corporation (NASDAQ:INTC ) Q3 2024 Earnings Conference Call October 31, 2024 5:00 PM ET Company Participants John Pitzer - Corporate Vice President of Investor Relations Patrick Gelsinger - Chief Executive Officer David Zinsner - Executive Vice President and Chief Financial Officer Conference Call Participants Ross Seymore - Deutsche Bank Timothy Arcuri - UBS C.J. Muse - Cantor Fitzgerald Vivek Arya - Bank of America Aaron Rakers - Wells Fargo Srini Pajjuri - Raymond James Chris Caso - Wolfe Research Joseph Moore - Morgan Stanley Operator Thank you for standing by and welcome to Intel Corporation's Third Quarter 2024 Earnings Conference Call.
Intel Remains Broken
Intel Corporation reported another mixed quarter in Q3, with relatively weak results while the market tries to celebrate earnings beating guidance. The chip company continues to focus on cutting costs and capex, while peers are moving full speed ahead with advanced AI GPUs and increasing foundry spending. The stock shouldn't be bought until Intel has turned around the business due to the stressed balance sheet and cash burn position.
Interview With Intel CEO Pat Gelsinger (Full Special)
On a special edition of Bloomberg Technology, Ed Ludlow speaks with Intel CEO Pat Gelsinger following the global chip giant's third quarter earnings and analyst call. Intel CEO Pat Gelsinger discusses the challenges the company faced in 2024 with investors focused on its network of chip factories, the battle to regain leadership in key products, and how the Chips Act has bipartisan support in Washington.
Intel Stock: Full Steam Ahead On This Turnaround
Intel Corporation is up after reporting Q3 earnings. While the report was concerning on its face, the results show progress on a restructuring plan. Guidance and progress on 18A reaffirm INTC is a stock to own.
Intel (INTC) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Intel (INTC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
