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Intel Q2 Adj $0.02 Misses $0.10 Est. Stock Falls 11%

Benzinga ·  Aug 1 16:10

$Intel (INTC.US)$ reported quarterly earnings of $0.02 per share which missed the analyst consensus estimate of $0.10 by 80 percent. This is a 84.62 percent decrease over earnings of $0.13 per share from the same period last year.

 The company reported quarterly sales of $12.83 billion which missed the analyst consensus estimate of $12.94 billion by 0.83 percent.  This is a 0.90 percent decrease over sales of $12.95 billion the same period last year.

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