Company News: Intel (INTC) Q1 EPS beat analysts’ forecast

Market news

28 April 2017

Company News: Intel (INTC) Q1 EPS beat analysts’ forecast

Intel (INTC) reported Q1 FY 2017 earnings of $0.66 per share (versus $0.54 in Q1 FY 2016), beating analysts' consensus estimate of $0.65.

The company's quarterly revenues amounted to $14.796 bln (+8% y/y), generally in-line with analysts' consensus estimate of $14.805 bln.

INTC fell to $35.92 (-4.03%) in pre-market trading.

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