Financials – Page 2 – Jon Peddie Research

Intel bounces back ever so slightly in Q3 2023

Sales and income exceeded projections but given what they have on the market, sales should have been much higher.

This trend is expected to continue in the next quarter.

Revenue rose a stunning 101% over the prior year to $13.5 billion, and the company is projecting higher for the next quarter.

Like Intel, sales were slightly up over Q1 but down year over year.

But overall, revenue and income still down YoY.

But overall, revenue and income still down YoY.

Sales beat expectations but were down 3% YoY, EPS beats estimates.

Sales beat expectations but were down 3% YoY, EPS beats estimates.

Continued softness in handset sales cause Q1 revenue decline by 17%, net income down 33% Y-Y.

Continued softness in handset sales cause Q1 revenue decline by 17%, net income down 33% Y-Y.

Q1 revenue was down 9% year over year, with particular softness in the client business.

Q1 revenue was down 9% year over year, with particular softness in the client business.