MBLY - Intel Q4 Earnings Highlights: Revenue Beat EPS Beat Guidance Disappoints 'Executing Our Mission To Bring AI Everywhere' | Benzinga
Chipmaker Intel Corporation (NASDAQ:INTC) reported fourth quarter financial results after market close Thursday.
Here are the key highlights.
What Happened: Intel reported fourth-quarter revenue of $15.4 billion, which was up 10% year-over-year. The revenue total came in ahead of a Street consensus estimate of $15.16 billion according to data from Benzinga Pro.
The company reported adjusted earnings per share of 54 cents, which beat a Street consensus estimate of 45 cents per share.
Intel previously guided for fourth quarter revenue in a range of $14.6 billion to $15.6 billion and earnings per share of 44 cents.
Revenue by segment in the fourth quarter and the year-over-year change was:
- Client Computing Group: $8.8 billion, +33%
- Data ...