0
General

Intel beats expectations in Q1 but guides for lower Q2

Friday 24 April 2020 | 09:36 CET | News
Intel said first-quarter revenues beat expectations, jumping 23 percent from the year before to USD 19.8 billion, with adjusted earnings per share leaping 63 percent to USD 1.45. Still, looking ahead, Intel is guiding for lower revenues on a sequential basis, at USD 18.5 billion in Q2. Data-centric revenue is seen rising 25 percent while PC-centric revenue is expected flat to slightly up. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Intel
Countries: World
::: add a comment
This article is part of dossier

Coronavirus

,

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Intel launches 11th Gen Tiger Lake processor, unveils new logo and Evo brand

Published 03 Sep 2020 09:54 CET | World
Intel has announced the launch of a new platform brand called Intel Evo to coincide with the release of its 11th generation Intel ...

Intel beats Q2 expectations but sees slower Q3, delay to 7nm products

Published 24 Jul 2020 09:16 CET | World
Intel reported a strong set of second-quarter results, with net earnings up 22 percent USD 5.1 billion. Revenues rose 20 percent ...

Intel unveils dime-sized hybrid chip aimed at small form devices

Published 11 Jun 2020 09:52 CET | World
Intel has announced a new hybrid chip aimed at small form factors, across all single, dual and foldable-screen devices such as ...

Intel, Udacity launch new Edge AI programme to train 1 mln developers

Published 17 Apr 2020 16:12 CET | World
Intel and Udacity released the new 'Intel Edge AI for IoT Developers Nanodegree Program' to train the developer community in deep ...

Intel commits USD 50 mln with Pandemic Response Technology initiative to fight coronavirus

Published 08 Apr 2020 09:48 CET | World
Intel is pledging an additional USD 50 million in a pandemic response technology initiative to combat the coronavirus through ...

Intel sells home gateway business to Maxlinear for USD 150 mln cash

Published 06 Apr 2020 16:17 CET | World
MaxLinear has agreed to buy Intel's connected home unit for USD 150 million in cash. The Home Gateway Platform division includes ...

Intel allocates USD 6 mln for coronavirus relief, builds on previous efforts

Published 27 Mar 2020 10:22 CET | United States
The Intel Foundation will provide USD 4 million to support coronavirus relief efforts in communities where the company has ...

Intel donates over 1 mln protective items for healthcare workers in Coronavirus fight

Published 24 Mar 2020 10:31 CET | World
Intel announced that it will source and donate more than 1 million items of personal protective equipment – masks, gloves and ...

Intel unveils new chip for 5G base stations, expands Xeon Scalable range

Published 24 Feb 2020 15:52 CET | World
Intel is maintaining its commitment to the mobile network market with the launch of a processor for 5G base stations. The company ...

Intel in talks to sell connected home business to MaxLinear - report

Published 19 Feb 2020 08:46 CET | World
Intel is in talks to sell its connected home unit to MaxLinear, people familiar with the matter told Bloomberg. ...

Intel lifts div after record revenues in Q4 but expresses caution looking forward

Published 24 Jan 2020 09:20 CET | World
Intel reported another record breaking set of results for the fourth quarter and full year, and said it expects more record ...





Calendar   /   Industry Events

05 Mar Vonage Investor Day
08 Mar Smith Micro Q4 2020
10 Mar MTN FY results
10 Mar Verizon Investor Day
11 Mar Gogo Q4 2020
11 Mar Technicolor FY results
11 Mar T-Mobile US analysts day
12 Mar RTL Group Q4 2020
12 Mar Mobilezone Q4 2020
12 Mar AT&T analysts day
::: More Calendar Items