Intel Corporation (INTC) released a profit for its third quarter that climbed from last year.
The company's profit came in at $6.82 billion, or $1.67 per share. This compares with $4.28 billion, or $1.02 per share, in last year's third quarter.
Excluding items, Intel Corporation reported adjusted earnings of $7.00 billion or $1.71 per share for the period.
The company's revenue for the quarter rose 4.7% to $19.19 billion from $18.33 billion last year.
Intel Corporation earnings at a glance:
-Earnings (Q3): $7.00 Bln. vs. $4.55 Bln. last year.-EPS (Q3): $1.71 vs. $1.08 last year.-Revenue (Q3): $19.19 Bln vs. $18.33 Bln last year.
-Guidance:Next quarter EPS guidance: $0.90Next quarter revenue guidance: $18.3 BlnFull year EPS guidance: $5.28Full year revenue guidance: $73.5 Bln
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.