SAN FRANCISCO (MarketWatch)
Intel Corp. reported a fourth-quarter profit of $2.6 billion, or 51 cents a share, compared with a profit of $2.5 billion, or 48 cents a share, for the year-earlier period
Revenue was $13.8 billion, up from $13.5 billion
Analysts polled by FactSet on average were expecting the chip maker to report a profit of 52 cents a share, on revenue of $13.72 billion
For the current quarter, Intel expects revenue of $12.8 billion, plus or minus $500 million
Analysts were expecting revenue of $12.78 billion
Intel Corp. reported a fourth-quarter profit of $2.6 billion, or 51 cents a share, compared with a profit of $2.5 billion, or 48 cents a share, for the year-earlier period
Revenue was $13.8 billion, up from $13.5 billion
Analysts polled by FactSet on average were expecting the chip maker to report a profit of 52 cents a share, on revenue of $13.72 billion
For the current quarter, Intel expects revenue of $12.8 billion, plus or minus $500 million
Analysts were expecting revenue of $12.78 billion