Intel's fourth-quarter EPS guidance beats expectations

Securities Times News, on October 31, Intel released its financial report, showing that the adjusted EPS in the third quarter was -$0.46, up from $0.41 in the same period last year; revenue was $13.3 billion, up from the expected $13.02 billion; the revenue from customer computing was $7.33 billion, up from the expected $7.46 billion.

Intel's third-quarter foundry revenue was $4.35 billion, up from the expected $4.44 billion; the revenue from data center and AI was $3.35 billion, up from the expected $3.15 billion; the gross margin was 18%, up from the expected 38%; the operating margin was -17.8%, up from +13.6% in the same period last year.

The Company expects that the adjusted EPS in the fourth quarter will be $0.12, up from the expected $0.063; the revenue will be $13.3 billion-143 billion, up from the expected $13.63 billion; the adjusted gross margin will be 39.5%, up from the expected 38.7%.