Intel stock (NASDAQ: INTC) is expected to publish its Q2 2023 results later this week. We expect revenue for the quarter to come in at about $12.2 billion, marginally ahead of consensus estimates. This would mark a decline of about 21% versus last year, although things are likely to improve on a sequential basis. We expect the company to post a small net loss of $0.03 per share, slightly narrower than consensus estimates. See our analysis of Intel Earnings Preview for a closer look at what to expect when Intel publishes its Q2 results.
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Cut the salary by another 5+% to keep the morale up!
DZ for the win!
micron came in around -1.60 eps
everything is relative
https://www.trefis.com/articles/550442/what-to-expect-from-intels-q2-earnings/2023-07-24