Intel q3 earnings 2023.

(RTTNews) - Intel Corporation (INTC) will host a conference call at 5:00 PM ET on October 26, 2023, to discuss Q3 23 earnings results.

Intel q3 earnings 2023. Things To Know About Intel q3 earnings 2023.

Key Points Intel reported third-quarter earnings on Thursday that beat expectations for profit and sales, even as its revenue declined from the year-earlier period. Intel CEO Pat Gelsinger...Earnings per share: $3.71, up from 27 cents in the year-earlier period. Adjusted EPS: Excluding certain costs, Nvidia would have earned $4.02 a share, up from 58 cents per share in the third ...Intel expects this change will result in an approximately $2.5 billion increase to gross margin, a $400 million decrease in R&D expenses and a $1.3 billion decrease in ending inventory values. Earnings Webcast. Intel will hold a public webcast at 2 p.m. PDT today to discuss the results for its second-quarter 2023.SANTA CLARA, Calif.-- (BUSINESS WIRE)-- Intel Corporation today announced that it will report third-quarter 2023 financial results on Thursday, Oct. 26, 2023, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PDT that day to discuss the results.Media Alert: Join Intel’s ‘AI Everywhere’ Launch Event on Dec. 14. Oct 26, 2023 • 4:01 PM EDT.

July 26, 2023 — 01:52 am EDT. Written by Trefis Team for Trefis ->. Intel stock (NASDAQ: INTC) is expected to publish its Q2 2023 results later this week. We expect revenue for the quarter to ...Now expecting GAAP EPS of $4.50 and non-GAAP EPS of $5.28 and GAAP gross margin of 55% and non-GAAP gross margin of 57%1. Intel CFO George Davis announced plans to retire in May 2022. SANTA CLARA, Calif., October 21, 2021 -- Intel Corporation today reported third-quarter 2021 financial results. “Q3 shone an even greater spotlight on the ...

Oct 21, 2021 · For the third quarter of 2021, Intel reported $19.2B in revenue, a $900M improvement over the year-ago quarter. Intel’s profitability has also continued to grow – even faster than overall ...

The change in depreciable life will not be counted toward the $3 billion in cost savings in 2023 or the $8 billion to $10 billion exiting 2025 communicated at Q3 2022 earnings. Earnings Webcast. Intel will hold a public webcast at 2 p.m. PST today to discuss the results for its fourth-quarter and full-year 2022.A video interview with co-CEOs Ted Sarandos and Greg Peters, Chief Financial Officer Spence Neumann and VP, Finance/IR & Corporate Development Spencer Wang will be available at 3:00 p.m. Pacific Time.Oct 25, 2023 · What to expect as Intel, facing new competition, reports Q3 results. ... Analyst expectations for adjusted earnings per share have since inched up from 16 cents to 22 cents, according to FactSet ... CRN takes a look at top developments to watch as Intel nears Q3 earnings report, which will be revealed Thursday, Oct. 27. ... Ingram Micro One 2023; Juniper Partner Advantage; ServiceNow GPES 2023;Oct 27, 2022 · Intel Corporation (NASDAQ: INTC) Thursday reported lower earnings and revenues for the third quarter of 2022. The semiconductor giant also provided guidance …

The Zacks Consensus Estimate for Intel’s fourth-quarter 2023 earnings has moved a penny north to 44 cents per share in the past 30 days. The consensus estimate for 2023 earnings has increased 2 ...

Oct 17, 2023 · Intel stock (NASDAQ: INTC) is expected to publish its Q3 2023 results on October 26. We expect revenue for the quarter to come in at about $13.5 billion, in line with consensus estimates.

Intel Q3 earnings preview: PC sales and datacenter business in focus Intel will report its Q3 earnings after the bell Thursday, as Wall Streets looks for signs that the PC market is recovering. 3h agoExpecting 5 percent top-line growth YoY in 2020 with full-year revenue of $75.3 billion; GAAP EPS of $4.55 and non-GAAP EPS of $4.90. SANTA CLARA, Calif., October 22, 2020 -- Intel Corporation today reported third-quarter 2020 financial results. "Our teams delivered solid third-quarter results that exceeded our expectations despite …Intel Corporation is the world leading manufacturer of semiconductor. Net sales break down by family of products: - adjacent products (50.1%): accelerators, silicon wafers, cards, connectivity products, cellular modems, Ethernet controllers, network components, storage products, etc.; - computing architectures products (49.9%): micro …Oct 28, 2023 ... Share your videos with friends, family, and the world.TurboTax: Save up to $15 with TurboTax coupon 2023 The Motley Fool : Epic Bundle - 3x Expert Stock Recommendations H&R Block Tax : Get 20% off H&R Block tax software productsFollow Intel Newsroom on social: SANTA CLARA, Calif., Oct. 3, 2023 — Intel Corporation today announced that it will report third-quarter 2023 financial results on Thursday, Oct. 26, 2023, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PDT that day to discuss the results.Q3 2023 Intel Corporation Earnings Conference Call. Oct 26, 2023 • 2:00 PM PST. Earnings Release. PDF HTML Audio Earnings Webcast. Earnings Presentation. PDF ...

Oct 27, 2023 · Q3: 2023-10-26 Earnings Summary. Transcript Press Release 10-Q. EPS of $0.41 beats by $0.19 | Revenue of $14.16B (-7.69% Y/Y) beats by $560.49M. The …Intel (INTC) delivered earnings and revenue surprises of 95.24% and 4.91%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?Oct 27, 2023 · Key Points Intel reported third-quarter earnings on Thursday that beat expectations for profit and sales, even as its revenue declined from the year-earlier …The latest price target for . Intel (NASDAQ: INTC) was reported by Mizuho on Thursday, November 16, 2023.The analyst firm set a price target for 50.00 expecting INTC to rise to within 12 months (a ...Oct 26, 2023 · Intel Corp (NASDAQ:INTC) reported Q3 2023 revenue of $14.2 billion, down 8% year over year (YoY). Q3 earnings per share (EPS) attributable to Intel was $0.07; non-GAAP EPS attributable to Intel ... NEWS SUMMARY. • Third-quarter GAAP revenue of $15.3 billion, down 20% year over year (YoY), and non-GAAP revenue of $15.3 billion, down 15% YoY. • Third-quarter results include GAAP restructuring charges of $664 million, reflecting initial cost reduction actions. • The company is focused on driving $3 billion in cost reductions in 2023 ...Media Alert: Join Intel’s ‘AI Everywhere’ Launch Event on Dec. 14. Oct 26, 2023 • 4:01 PM EDT.

The dividend will be payable on June 1, 2023, to stockholders of record on May 7, 2023. Intel also reaffirmed its first-quarter 2023 business outlook provided at its most recent earnings call, including revenue of between $10.5 billion and $11.5 billion; gross margin of 34.1% on a GAAP basis and 39% on a non-GAAP basis; tax rate of (84%) on a ...INTC 2023 Q3 earnings report More importantly, both its gross and operating margins improved. Its gross margin improved to 45.8% in Q3 and its Q4 outlook is an even higher 46.5%.

The dividend will be payable on June 1, 2023, to stockholders of record on May 7, 2023. Intel also reaffirmed its first-quarter 2023 business outlook provided at its most recent earnings call, including revenue of between $10.5 billion and $11.5 billion; gross margin of 34.1% on a GAAP basis and 39% on a non-GAAP basis; tax rate of (84%) on a ...Intel’s restructuring moves include a target to reduce costs by $3 billion in 2023 and $8 to $10 billion by the end of 2025. The company revealed layoffs will be included in the cuts during its ...Intel Corporation to Report Q3, 2023 Results on Oct 26, 2023. Oct 05. Intel's New Fab in Ireland Begins High-Volume Production of Intel 4 Technology. ... First quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat Apr 29. Upcoming dividend of US$0.13 per share at 1.7% yieldIntel’s chief executive officer and chief financial officer offer comments after the company released its third-quarter 2022 earnings. Oct. 27, 2022 — Pat Gelsinger, Intel chief executive officer (bio): Despite growing economic headwinds, Q3 revenue was flat sequentially and only modestly below the midpoint of our guidance.The ongoing global chip shortage is going to be a problem for a lot longer, according to Intel CEO Pat Gelsinger, who reiterated today ahead of the company’s Q3 earnings that he expects the ...// Intel is committed to respecting human rights and avoiding complicity in human rights abuses. See Intel’s Global Human Rights Principles. Intel’s products and software are intended only to be used in applications that do not cause or contribute to a violation of an internationally recognized human right.

Oct 26, 2023 · Intel’s Q3 2023 earnings report was posted to its financial website after markets closed today. The company’s $14.2 billion in revenue during the quarter beats the $13.5 billion expectation ...

Gelsinger, the CEO, said in late August that Intel was running "above the midpoint of our guide for Q3" as the chip market climbs back from a trough. That guide from late July was revenue of $12.9 ...

One of the biggest surprises revealed by the leaked document is that Intel plans to retain its Raptor Lake processors for desktops for another year. Set to arrive in Q3 2023, Raptor Lake-S Refresh ...Expecting 5 percent top-line growth YoY in 2020 with full-year revenue of $75.3 billion; GAAP EPS of $4.55 and non-GAAP EPS of $4.90. SANTA CLARA, Calif., October 22, 2020 -- Intel Corporation today reported third-quarter 2020 financial results. "Our teams delivered solid third-quarter results that exceeded our expectations despite pandemic ...Oct 26, 2023 · Intel’s Q3 2023 earnings report was posted to its financial website after markets closed today. The company’s $14.2 billion in revenue during the quarter beats …Intel Corporation (NASDAQ: INTC) will report its third quarter 2023 earnings results today after markets close. Listen to Intel’s earnings call live and check the real-time transcript Analysts are projecting earnings of $0.20 per share on revenues of $12.7 billion for Q3. This compares to earnings of $0.59 per share on revenues of $15.2 billion […]Oct 26, 2023 · NEWS SUMMARY. • Third-quarter revenue of $14.2 billion, down 8% year over year (YoY). • ... Intel Corporation (NASDAQ: INTC) reported third quarter 2023 earnings results today. Revenue decreased 8% year-over-year to $14.2 billion. Net income attributable to Intel decreased 71% to $297 million, or $0.07 per share, versus last year. Adjusted EPS rose 11% to $0.41. For the fourth quarter of 2023, the company expects revenue of $14.6-15.6 billion and […]October 27, 2022. Contact Intel PR. More Corporate News. Intel Corporation’s third-quarter 2022 earnings news release and presentation are available on the company’s Investor Relations website. The earnings conference call for investors begins at 2 p.m. PDT today; a public webcast will be available at www.intc.com.Oct 27, 2022 ... For the third quarter of 2022, Intel reported $15.3B in revenue, a $3.9B decline versus the year-ago quarter. Compared to Intel's harsh Q2 ...The company guided for Q3 revenue of $19.1 billion which would translate to year-over-year growth of almost $1 billion. And this is despite losing business from Apple. Q3 gross margin is expected ...

The change in depreciable life will not be counted toward the $3 billion in cost savings in 2023 or the $8 billion to $10 billion exiting 2025 communicated at Q3 2022 earnings. Earnings Webcast. Intel will hold a public webcast at 2 p.m. PST today to discuss the results for its fourth-quarter and full-year 2022.News Summary. First-quarter GAAP revenue of $18.4 billion, down 7% year over year (YoY), and non-GAAP revenue of $18.4 billion, down 1% YoY, exceeded January guidance. Achieved record quarterly revenue in Intel's Network and Edge Group, Mobileye and Intel Foundry Services businesses. First-quarter GAAP earnings-per-share (EPS) …Oct 27, 2023 · Q3: 2023-10-26 Earnings Summary. Transcript Press Release 10-Q. EPS of $0.41 beats by $0.19 | Revenue of $14.16B (-7.69% Y/Y) beats by $560.49M. The …Instagram:https://instagram. convert ira to goldvgt top holdingstradestation vs ibkr2009 e pluribus unum penny value NVIDIA Corporation Common Stock. $435.70 -0.93 -0.21%. Find the latest Earnings Report Date for Intel Corporation Common Stock (INTC) at Nasdaq.com.AMD reports Q3 earnings after the close on November 1. ... The first products that incorporate Xilinx technology into CPUs and/or GPUs will show up in 2023, while Intel never used FPGA to benefit ... qyld expense ratiomolina healthcare pros and cons Oct 25, 2023 · That's hurt Intel shares this week, and disappointing results from Texas Instruments on Wednesday prompted a wider semiconductor selloff. Intel fell 5.1% in line with Nvidia (-4.3%) and Advanced ... cigna plus dental savings The analyst anticipates revenues of $14.4 billion, reflecting a 6% quarter-over-quarter increase, which aligns with the Street’s expectations. Seymore’s PF EPS forecast of $0.39 is lower than ...Intel Corporation beats earnings expectations. Reported EPS is $0.41, expectations were $0.21. Operator: Thank you for standing by, and welcome to Intel Corporation’s Third Quarter 2023 Earnings ...