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<Results>Intel Soars 15% in After-hours Trading Session as 1Q Earnings Well Above Forecast
Recommend 7 Positive 6 Negative 8 |
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Intel (INTC.US)'s 1Q26 adjusted EPS stood at US$0.29, far exceeding expectation of US$0.01, according to Intel's announcement. Revenue was US$13.58 billion, ahead of the expected US$12.42 billion. Supported by the strong results, Intel soared 15% in after-hours trading session. During the period, net loss widened to US$4.28 billion, with a loss per share of US$0.73, compared with a net loss of USD$890 million in the same period last year. Foundry revenue increased 16% YoY to US$5.4 billion. Intel expected its 2Q26 revenue to range between US$13.8 billion and US$14.8 billion, with an adjusted EPS of US$0.2, well above analysts' previous forecasts of a revenue of US$13.07 billion and EPS of US$0.09. Auto-translated by AI AASTOCKS Financial News |
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