Financials – Page 2 – Jon Peddie Research

Intel has a good Q4 but weak Q1 guidance

The client business fared much better than the server business, which continues to languish.

Revenue rose a stunning 205% over the prior year to $18 billion, and the company is projecting higher for the next quarter.

Sales of $8.6 billion down 24% Y-Y, income down 48% Y-Y to $1.49 billion.

Q4 2023 expected to grow but not as much as analysts predicted.

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.