Intel (INTC) Tops Q3 EPS by 8c; Issues Q4 Guidance

(Updated - October 18, 2016 4:05 PM EDT)

Intel (NASDAQ: INTC) reported Q3 EPS of $0.80, $0.08 better than the analyst estimate of $0.72. Revenue was $15.8 billion, versus $15.58 billion expected.

Adjusted gross margin was 64.8 percent, versus 63.0 percent expected.

Guidance:

Sees Q4 revenue of $15.7 billion, +/- $800 million and gross margin percentage of 63 percent on a non-GAAP basis. The Street sees Q4 revenue of $15.86 billion.

For earnings history and earnings-related data on Intel (INTC) click here.

You May Also Be Interested In

• U.S. economy adds 199,000 jobs in November
• Momo (MOMO) Tops Q3 EPS by 68c
• Meta Materials (MMAT) Releases Board Letter to Shareholders