In the past quarter, Intel reported a net loss of $11 billion, or…
In the past quarter, Intel reported a net loss of $11 billion, or $2.16 per share, compared to a loss of $2.9 billion, or $0.67 per share, in the same period last year. Analysts on average expect these figures at $0.27 per share and $15.1 billion.
Consensus
- Intel's revenue increased by 25% year-on-year in the second quarter.
- The company's revenue for the second quarter reached $16.1 billion.
- This growth represents the highest increase in over 15 years.
- Revenue from the Data Center and AI (DCAI) segment grew by 59% to $6.3 billion.
- Intel's stock price rose on after-hours trading following the report, with a 4% increase according to Kommersant and 4.4% according to Interfax.
- The company reported a net loss of $11 billion in the second quarter, primarily due to share valuation adjustments tied to U.S. government investments.
Points of divergence
- Intel's revenue growth is described as the fastest in 15 years by Financial Times. — kommersant
- The company reported a net loss of $11 million, or $2.16 per share, compared to a loss of $2.9 billion, or $0.67 per share, in the same period last year. — interfax
- The significant increase in net loss was attributed specifically to the revaluation of shares held in escrow for transfer to the U.S. government as part of its investment in Intel. — interfax
- Intel's stock price rose by 4% on after-hours trading, with no mention of a specific reason beyond the report. — kommersant
Coverage (2 sources)
- Intel reports record growth in 15 years amid AI boom — Коммерсантъ
- Intel increased revenue in Q2 by 25% - highest in 15 years — Интерфакс