Intel (INTC) Q2 2023 earnings results beat revenue expectations on surprise profit

Intel reported better than expected results for its Q2 2023 earnings.


Today, Intel (INTC) reported its Q2 2023 earnings results, and the company announced better than expected results. A specific highlight is the news of an EPS number of $0.13 profit against the expectation of $0.03 per share loss.

An image showing the after hours trading of Intel (INTC) following its Q2 2023

Intel reported the following results:

  • $12.9 billion actual revenue versus $12.1 billion expected
  • Actual EPS of $0.13 profit versus $0.03 expected EPS loss
  • Q3 2023 guidance of $0.20 EPS versus $0.16 EPS expected
  • Q3 2023 revenue guidance midpoint of $13.4 billion versus $13.2 billion expected

The company had this to say about the results:

For more news from the gaming and tech companies reporting their earnings, stick with Shacknews and our Q2 2023 and earnings reports topics.

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