Intel Earnings Fall But Beat Wall Street’s Forecast

By | October 13, 2015

Scalper1 News

No. 1 chipmaker Intel delivered a nickel beat late Tuesday to Wall Street’s Q3 earnings-per-share forecast, though EPS was down 3% from the year-earlier quarter. Sales for the quarter ended Sept. 26 fell, but by just a fraction, also beating analysts’ views. The company’s revenue forecast for the current quarter was roughly in line, but the company disappointed with its outlook for its faster-growing data-center and Internet of Things businesses. Scalper1 News

Scalper1 News