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<Results>Intel Deepens 2Q Loss to US$2.9B, Exceeds 3Q Earnings Expectations
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Intel (INTC.US) announced that its net loss for 2Q deepened to US$2.9 billion, with an adjusted LPS of US10 cents. Revenue reached US$12.86 billion, surpassing the expected US$11.92 billion. Intel expected its 3Q revenue to be US$13.1 billion, while the market's average expectation was US$12.65 billion. It anticipated breaking even in 3Q, with expected EPS of US4 cents. AASTOCKS Financial News Website: www.aastocks.com |
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