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| VIEW EVENT INFORMATION: Intel |
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Intel Dips After Its Weak Q1 Guidance |
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About the organization Intel:
Type: Business
Sub-Types: Computer, Computer Hardware, Electronics, Electronics Hardware, Telecommunication, Telecommunication Hardware |
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Notable Organizations: Intel, Techcrunch
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| Intel reported its fourth-quarter financial performance today, including revenue of $14.72 billion and profit per share of $0.74. Both figures beat expectations: The street had expected $14.70 billion in revenue and $0.66 in profit.
But neither the company’s narrow profit beat, nor its wider profit beat, have sent its shares higher in after-hours trading. Rather, at issue is its first-quarter, 2015 guidance of $13.7 billion in revenue. That is below investor expectation, at current tip, of $13.77 billion. Intel shares are down just under a percent after hours.
The company generated $5.8 billion in cash during the period, along with net income of $3.7 billion. |
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