Intel (INTC) reported Quarter December 2022 earnings of $0.10 per share on revenue of $14.0 billion. The consensus earnings estimate was $0.20 per share on revenue of $16.3 billion. The Earnings Whisper number was $0.23 per share. Revenue fell 31.6% compared to the same quarter a year ago.
The company said it expects a first quarter loss of approximately $0.15 per share on revenue of $10.50 billion to $11.50 billion. The current consensus earnings estimate is $0.26 per share on revenue of $13.93 billion for the quarter ending March 31, 2023.
Intel Corporation is a semiconductor chip maker. It develops integrated digital technology products like integrated circuits, for industries such as computing and communications.
Intel Reports Fourth-Quarter and Full-Year 2022 Financial Results
Intel Corporation’s fourth-quarter 2022 earnings news release and presentation now are available. Please visit https://www.intc.com/financial-info/financial-results to access this material. The earnings conference call and public webcast for investors begin at 2 p.m. PDT today.