Intel-aksjen stuper i etterhandelen
Intel straffes hardt etter tallslipp, der analytikerne hadde ventet høyere inntekter.
Intel reported its third-quarter earnings on Thursday evening, revealing an increase in revenue but falling short of analysts' expectations for the fourth quarter. The stock price of Intel declined by 20 percent in the aftermath of the announcement. Intel anticipates revenue of $15 to $16 billion in the fourth quarter, with earnings per share at $0.10.
Analysts had projected revenue of $17.05 billion and earnings per share of $0.28, according to Bloomberg. In the third quarter, revenue reached $16.5 billion, a 21 percent increase from $13.7 billion in the same quarter last year. Earnings per share were $0.60, down from $0.90 in the third quarter of last year. Bloomberg reported that Intel faces challenges in the PC market as customers grapple with a shortage of memory chips and rising component prices, impacting PC shipments.
Intel CEO Lip-Bu Tan stated that the company's data center division would have performed better if it had not faced issues with specific raw materials and a factory shutdown in Israel, which the company is actively working to resolve. "I'm a bit disappointed that we can't meet customers' needs," Tan told Bloomberg.
Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
