Categories AlphaGraphs, Earnings, Technology
INTC Earnings: Intel Q1 profit tops expectations; revenue up 9%
Semiconductor behemoth Intel Corporation (NASDAQ: INTC) Thursday reported an increase in revenues for the first quarter of 2024. Earnings exceeded Wall Street’s estimates.
Revenues rose 9% year-over-year to $12.72 billion in the March quarter. Revenues of Client Computing, the company’s main operating segment, grew in double digits.
The tech firm reported earnings of $0.18 per share for the first quarter, on an adjusted basis, compared to a loss of $0.04 per share in the same period of 2023. Earnings also beat estimates. On a reported basis, it was a net loss of $381 million or $0.09 per share in Q1, compared to a loss of $2.76 billion or $0.66 per share last year.
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Infographic: Key highlights from Disney’s (DIS) Q2 2024 earnings results
The Walt Disney Company (NYSE: DIS) reported second quarter 2024 earnings results today. Revenues increased 1% year-over-year to $22.1 billion. Net loss attributable to The Walt Disney Company was $20
Earnings Preview: Alibaba likely to report mixed results for Q4
Alibaba Group Holding Limited (NYSE: BABA) will be reporting fourth-quarter 2024 financial results next week. Over the years, the e-commerce giant successfully diversified its business and emerged as a major
A look at Tyson Foods’ (TSN) expectations for the remainder of FY2024
Shares of Tyson Foods, Inc. (NYSE: TSN) fell over 7% on Monday. The stock has gained 7% year-to-date. The company delivered mixed results for the second quarter of 2024, with