Intel announced Q1 2022 Earnings on Thursday, beating projections but offered a lower than expected forecast for the future. Futurum’s Daniel Newman explores the earnings report and offers insight into future projections.
Intel recently reported fiscal fourth-quarter earnings. Shares dropped as much as 3% in volatile extended trading before recovering. Futurum’s principal analyst Daniel Newman shares his thoughts on the results and what this means going forward.
Intel announced their 2021 third quarter earnings report and the results were a little off from previous quarters. Futurum’s principal analyst Daniel Newman dives into the report and also looks ahead to what we can expect from Intel as far as the chip shortage is concerned.
Intel delivered a solid beat against expectations while being relatively flat on a YoY basis in its first quarter under CEO Pat Gelsinger.
Intel must execute its new strategy perfectly to win back investors, which will be holding CEO Pat Gelsinger to his word.
Despite what has been presented as a tumultuous year for Intel, the company delivered record revenue and a strong beat for its 2020 Q4.
For it’s FY 20 Q3, Intel delivered at par showing some weakness in its data center business while hitting on its client computing business.
Intel delivered a strong growth in its fiscal Q2, but Wall Street showed some resistance as delays in the company’s next gen processors continue.
Intel delivered strong Q1 revenue and earnings while giving somewhat cautious guidance for Q2 and beyond as tech is showing market resilience.
Intel generated a much stronger than expected Q3 propelled by strong performance in the company’s data center group. A deeper dive into Intel’s earnings.
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