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Earnings News

Intel Q1 Loss Widens, But Adj. Profit Rises

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Intel Corporation (INTC) reported a first-quarter net loss of $3.73 billion or $0.73 per share, compared to a loss of $821 million or $0.19 per share last year.

Adjusted earnings for the quarter were $0.29, up from $0.13 per share last year.

Net revenues for the quarter were $13.58 billion, up 7% from $12.67 billion last year.

Looking forward to the second quarter, the company expects revenue of $13.8 billion to $14.8 billion, earnings per share of $0.08 and adjusted earnings per share of $0.20.

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Business News

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.