Intel beats on top line
Intel beats on top line
30 Mins Ago | 00:50
Intel stock jumped 4 percent on Thursday after it reported better-than-expected earnings for the second quarter. The company will hold a telephone conference with financial analysts at 5 p.m. Eastern time.
EPS: Excluding certain items, EPS of 72 cents vs. 68 cents in earnings per share expected by analysts, according to Thomson Reuters.
Revenue: $14.76 billion, vs. $14.41 billion in revenue expected by analysts for the quarter, according to Thomson Reuters.
The results come after Intel barely beat expectations on EPS and fell just below expectations on revenue in the first quarter.
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Source: http://www.cnbc.com/2017/07/27/intel-earnings-q2-2017.html