Intel (INTC) Tops Q2 Views; Guides Q3 Sales
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Intel Corporation (Nasdaq: INTC) reports Q2 EPS of $0.18, 10 cents better than the analyst estimate of $0.08. Revenue for the quarter was $8 billion, versus the consensus of $7.28 billion.
Gross margin for the quarter was 50.8%, which came in better than the company's previously issued forecast.
Sees Q3 sales of $8.1-$8.9 billion, versus the consensus of $7.8 billion. Gross margin for the quarter is expected to be 53%, plus or minus 2%.
UPDATE: Click here to see some highlights from Intel's Q2 conference call.
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