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Intel Corporation (INTC) released a profit for its third quarter that climbed from last year.


RTTNews | Oct 21, 2021 04:25PM EDT

16:25 Thursday, October 21, 2021 (RTTNews.com) - 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

Read the original article on RTTNews ( https://www.rttnews.com/3234617/intel-corporation-q3-income-rises.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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