Intel (NASDAQ:INTC) Q1 2024 Results
Main financial results
-
Revenue: USD 12.7 billion (up 8.6% from Q1 2023).
-
Net loss: USD 381 million (loss narrowed by 86% from Q1 2023).
-
Loss of US$0.09 per share (improved from loss of US$0.66 in Q1 2023).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Intel EPS exceeds expectations
Sales were in line with analyst forecasts. Earnings per share (EPS) exceeded analyst estimates by 38%.
Looking ahead, revenues are expected to grow at an average annual rate of 8.3% over the next three years, compared to a growth forecast of 17% for the U.S. semiconductor industry.
performance of American semiconductor industry.
The company's stock price has fallen 6.8% from a week ago.
risk analysis
What about risks?Every company has them and we discovered that 2 Warning Signs for Intel you should know about.
Have feedback on this article? Curious about its content? contact Please contact us directly. Alternatively, email our editorial team at Simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
