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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Intel Corporation | NASDAQ:INTC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.29 | -0.84% | 34.17 | 34.16 | 34.17 | 34.45 | 33.835 | 34.36 | 20,889,247 | 20:27:58 |
From Jul 2019 to Jul 2024
By Micah Maidenberg
Intel Corp. (INTC) reported profits of $6.4 billion in the third quarter, or $1.38 a share, as the chip maker reported another quarter of strong demand from PC makers and for chips used in data centers. Profits soared 42% compared with the year earlier.
Analysts polled by FactSet predicted Intel would earn $1.10 a share for the period.
On an adjusted basis, the company reported a profit of $1.40, surpassing the $1.15 a share analysts expected.
Sales rose 19% to $19.16 billion for the quarter. Analysts forecasted $18.13 billion.
For the full year, Intel raised its forecast for sales to $71.2 billion from $69.5 billion previously. It now expects earnings per share in 2018 of $4.52, versus $4.10 earlier.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
October 25, 2018 16:30 ET (20:30 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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