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HomeMarketINTC Earnings: Highlights of Intel’s Q2 2024 report | AlphaStreet

INTC Earnings: Highlights of Intel’s Q2 2024 report | AlphaStreet

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Semiconductor behemoth Intel Company (NASDAQ: INTC) on Thursday reported monetary outcomes for the second quarter of 2024.

June-quarter income got here in at $12.8 billion, in comparison with $12.95 billion within the corresponding interval of fiscal 2023. Revenues of Shopper Computing, the corporate’s principal working phase, grew 9%.

The tech agency reported earnings of $0.02 per share for the second quarter, on an adjusted foundation, in comparison with $0.13 per share within the year-ago quarter. On a reported foundation, it was a internet lack of $1.6 billion or $0.38 per share in Q2, in comparison with a revenue of $1.5 billion or $0.35 per share final 12 months.

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