Intel forecasts weak first quarter this year, stock falls

Published:

Intel forecasts weak first quarter this year, stock falls
Photo: Richard DrewA/AP/TT

Earnings per share in the last quarter amounted to $0.15, compared to analysts' expectations of $0.08 per share.

For the first quarter of this year, the film company expects revenue of $11.7–$12.7 billion. Analysts had predicted $12.6 billion, equivalent to approximately SEK 113 billion.

The company's shares fell about 7 percent during Thursday's after-hours trading on the New York Stock Exchange.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...