Home › Intel beats expectations in Q1 but guides for lower Q2
 

Keywords :   


Intel beats expectations in Q1 but guides for lower Q2

2020-04-24 09:36:00| Telecompaper Headlines

(Telecompaper) Intel said first-quarter revenues beat expectations, jumping 23 percent from the year before to USD 19.8 billion, with adjusted earnings per share leaping 63 percent to USD 1.45. Still, looking ahead, Intel is guiding for lower revenues on a sequential basis, at USD 18.5 billion in Q2. Data-centric revenue is seen rising 25 percent while PC-centric revenue is expected flat to slightly up. 

Tags: lower guides intel expectations

Category:Telecommunications

Latest from this category

All news
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
21.11Strengthening Healthcare Operations Through Cyber Resilience
Telecommunications »
05.12Barriers beyond tariffs
05.12Cattle markets eye recovery after political selloff
05.12Netflix reportedly closes in on Warner Bros deal
05.12What are freeze-dried sweets and why are they popular?
05.12Meta shifts some metaverse investments to AI smart glasses
05.12Taiwan bans Chinese app RedNote over fraud concerns
05.12Taiwan to ban Chinese app RedNote over fraud concerns
05.12Details of plan to keep pubs open longer for World Cup revealed
More »