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Intel Q2 2024 Earnings: A Horrendous Result With A Miss On Total Revenue, DCAI, Gross Margin, And EPS

NewsTech

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Intel Earnings

Intel has now announced its earnings for the second quarter of 2024, posting broadly negative results relative to the consensus expectations. Intel (NASDAQ: INTC) Earnings Release for the Second Quarter of 2024 For the three months that ended on the 30th of June, 2024, Intel reported $12.833 billion in non-GAAP revenue, missing consensus expectations of $12.94 billion. Here is the actual performance of Intel's business segments in Q2 2024: The following chart compares the performance of Intel's two major segments - Data Center and AI (DCAI) and Client Computing Group (CCG) - with Wall Street's consensus expectations (sourced from here […]

Read full article at https://wccftech.com/intel-q2-2024-earnings-a-horrendous-result-with-a-miss-on-total-revenue-dcai-gross-margin-and-eps/

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