trending Market Intelligence /marketintelligence/en/news-insights/trending/fqUiypR1L4A9c9uiZ2pIJA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Intel fiscal Q3 profit falls YOY

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

Southeast Asian broadband providers report varying performance amid COVID-19

Cable networks react to pandemic by cutting SG&A, programming costs


Intel fiscal Q3 profit falls YOY

Intel Corp. said its normalized net income for the fiscal third quarter ended Sept. 26 amounted to 53 cents per share, compared with the S&P Capital IQ consensus estimate of 59 cents per share.

EPS decreased 6.2% year over year from 56 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $2.56 billion, a decline of 9.4% from $2.83 billion in the year-earlier period.

The normalized profit margin dropped to 17.7% from 19.4% in the year-earlier period.

Total revenue came to $14.46 billion, compared with $14.55 billion in the prior-year period, and total operating expenses rose from the prior-year period to $10.26 billion from $9.99 billion.

Reported net income declined 6.3% from the prior-year period to $3.12 billion, or 64 cents per share, from $3.33 billion, or 66 cents per share.