INTC - Intel's Q3 Performance Beats The Street Chipmaker Issues Strong Q4 Outlook Stock Gains | Benzinga
Intel Corporation (NASDAQ: INTC) shares are trading higher in Thursday’s after-hours session on the heels of the company’s third-quarter earnings results.
What To Know: Intel reported earnings per share of 41 cents, beating the estimate of 22 cents per share. It clocked revenue of $14.2 billion, which topped the $13.532 billion estimate. Third quarter revenue fell 8% year-over-year.
The company cited strong operating leverage and expense discipline as keys to its success during the third quarter.
Additionally, the company’s Mobileye business unit reported third-quarter ...