Intel Corporation (INTC) reported a profit for fourth quarter that decreased from last year
The company's earnings totaled $4.62 billion, or $1.13 per share. This compares with $5.86 billion, or $1.42 per share, in last year's fourth quarter.
Excluding items, Intel Corporation reported adjusted earnings of $4.45 billion or $1.09 per share for the period.
The company's revenue for the quarter rose 2.8% to $20.53 billion from $19.98 billion last year.
Intel Corporation earnings at a glance (GAAP) :
-Earnings (Q4): $4.62 Bln. vs. $5.86 Bln. last year.-EPS (Q4): $1.13 vs. $1.42 last year.-Revenue (Q4): $20.53 Bln vs. $19.98 Bln last year.
-Guidance:Next quarter EPS guidance: $0.80Next quarter revenue guidance: $18.3 Bln
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.