Intel announces its second quarter 2024 financial results
Takes a big hit, announces cost-reduction plan, shares take a tumble
Intel has announced its second-quarter 2024 financial results, reporting a revenue of $12.8 billion, 38.7 percent gross margin, and EPS of $0.02. In the words of Pat Gelsinger, Intel CEO, these are disappointing quarter results, despite the fact that the company has "hit key product and process technology milestones."
AMD releases third quarter 2023 financial results
Both revenue and gross margin are up
AMD has reported its third quarter 2023 financial results, with steady growth all across the board, mostly driven by demand for Ryzen 7000 series CPUs and record server sales. The biggest winner was the Client segment of the company and AMD is not slowing down, expecting a sequential growth of 9 percent in Q4 2024.
Intel reports its Q3 2023 financial results
Revenue down but beats its outlook
Intel has announced its third quarter 2023 financial results, reporting a revenue of $14.2 billion with a 45.8 percent gross margin, and $0.41 EPS. The report shows Intel getting back on track and steady progress on its IDM 2.0 strategy.
AMD reports its Q2 2023 financial results
Reports $5.4b of revenue, down by 18 percent YoY
AMD has reported its financial results for the second quarter of 2023, reporting a revenue of $5.4 billion, a gross margin of 46 percent, and a net income of $27 million. This is a significant but expected drop in revenue of 18 percent compared to the same quarter last year, but it managed to get its gross margin up by two points.
Nvidia announces its Q1 2024 financial results
Gaming down by 38 percent, stock up by 25 percent
Nvidia has released its financial report for the first quarter of 2024, reporting a revenue of $7.19b and gross margin of 64.6 percent. Despite a drop in revenue and gross margin, compared to the last year, Nvidia's stock is up and it announced a great Q2 FY2024 outlook.
Intel reports its Q1 2023 financial results
All businesses report a major drop in revenue
Intel has released its first-quarter 2023 financial results, reporting a loss across all of its key businesses, with client and data center reporting a drop of 38 and 39 percent, respectively. The reported revenue is 11.7 billion, down by 26 percent compared to the same quarter last year.
Intel a long way from recovery
Results have Wall Street wondering
Intel recorded some rather good results on Wednesday, but the cocaine nose jobs of Wall Street were less than impressed.
AMD reports another record quarter with Q3 2021
Revenue up by over 50 percent, gross margin up by 4 points
AMD has announced its Q3 2021 financial report, showing yet another record quarter and continuing its revenue trend. The company reported a revenue of $4.3B and an impressive boost in gross margin, up to 48 percent.
Intel reports its Q3 2021 earnings
$19.2 billion revenues
Intel announced its third-quarter of 2021 financial earnings, reporting a revenue of $19.2 billion, an increase in gross margin and a slight drop in the client computing group which was somewhat recuperated by an increase in data center and other business segments.
Intel announces strong Q4 2020 financial report
Intel had a good 2020
Intel has announced its financial results for the fourth quarter of 2020, as well as financial results for the full 2020 year, and it was a record quarter for Intel, despite the coronavirus pandemic. The highlight of the Q&A session was the old and the new CEOs, Bob Swan and Pat Gelsinger, responding to some serious questions about the current state and the future of the company.