Intel: increases FY targets again
(CercleFinance.com) - As it unveiled its quarterly results, Intel raised its annual targets, with the group now looking for adjusted EPS of 4.
53 dollars, with revenues of 71.2 billion dollars, compared to 4.15 dollars and 69.5 billion dollars previously.
On Thursday evening the Santa Clara based group unveiled Q3 adjusted net income (non-GAAP) that is up 34% at 6.5 billion dollars, or 1.40 dollar per share, 25 cents above the consensus.
The microprocessor giant saw its gross margin increase 1.9 point to 65.9% for sales that are up 19% at 19.2 billion dollars, with “stronger than expected customer demand across our PC and data-centric businesses.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.
53 dollars, with revenues of 71.2 billion dollars, compared to 4.15 dollars and 69.5 billion dollars previously.
On Thursday evening the Santa Clara based group unveiled Q3 adjusted net income (non-GAAP) that is up 34% at 6.5 billion dollars, or 1.40 dollar per share, 25 cents above the consensus.
The microprocessor giant saw its gross margin increase 1.9 point to 65.9% for sales that are up 19% at 19.2 billion dollars, with “stronger than expected customer demand across our PC and data-centric businesses.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.