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Intel (INTC.US) 1Q Earnings Far Exceed Expectations; Shares Surge 15% After Hours
2026-04-24 04:10:04
Intel (INTC.US) announced that its first-quarter adjusted EPS was USD0.29, far exceeding expectations of USD0.1. Revenue reached USD13.58 billion, above the expected USD12.42 billion. Supported by the strong results, Intel's share price surged 15% in after-hours trading.

During the period, net loss widened to USD4.28 billion, with LPS at USD0.73, compared with a net loss of USD890 million in the same period last year. Foundry revenue increased 16% YoY to USD5.4 billion.

Intel expects second-quarter revenue to range between USD13.8 billion and USD14.8 billion, with adjusted EPS of USD0.2, well above analysts' previous forecasts of USD13.07 billion in revenue and EPS of USD0.9.

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AASTOCKS Financial News
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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.