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INTC earnings call for the period ending September 30, 2024.
INTC earnings call for the period ending June 30, 2024.
Robust performance from data-centric businesses, acquisition synergies and new deal wins are likely to benefit Intel's (INTC) third-quarter results.
In August 2024, following a below-expectations Q2 earnings announcement, Intel announced "significant actions to reduce our costs. We plan to deliver $10 billion in cost savings in 2025, and this includes reducing our head count by roughly 15,000 roles, or 15% of our workforce." [115]
An earnings call is a teleconference, or webcast, in which a public company discusses the financial results of a reporting period ("earnings guidance"). The name comes from earnings per share (EPS), the bottom line number in the income statement divided by the number of shares outstanding.
Month and date Event type Details 1968: July 18: Company logo: Intel is founded by Robert Noyce and Gordon Moore, who had both left Fairchild Semiconductor. [1] 1969: May 1: Competition: Advanced Micro Devices is founded by Jerry Sanders.
Intel's (INTC) launch of FPGA SDK and Xeon Scalable will drive top-line growth. However, decline in NAND flash pricing, lower platform revenues & expenses related to 4G modem ramp remains a headwind.
An Earnings response coefficient measures the extent of security’s abnormal market return in response to the unexpected component of reported earnings of the firm issuing that security. [1] and [2] The relationship between stock returns to profit to determine the extent of the response that occurs to as the Earnings Response Coefficient (ERC).