Intel improves their income but cuts profits in the second quarter – Economíahoy.mx

elEconomista.es – 15:27 – 20/07/2016

Intel has achieved a profit 1.300 billion, or 27 cents per share, compared with 2.700 million (55 cents per share) earned in the second quarter last year. As reported by the company, adjusted earnings per share would be 59 cents compared to 62 cents earned in the same period of 2015.

Meanwhile, turnover of US chipmaker stood at 13,500 million dollars between April and June, a figure very similar to 2015, when the company entered 13,200 million, 3% less.

FactSet analysts expected the company to obtain a bpa of 54 cents on revenue of 13.560 billion. Intel shares came to fall by 3% in the ‘after hours’ on Wall Street.

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