Intel Tops Q1 Expectations but Weak Outlook Trigge…
From Financial Modeling Prep: 2025-04-25 09:17:00
Intel (NASDAQ:INTC) exceeded Q1 earnings and revenue expectations, but a weak Q2 forecast and cost-cutting plans led to a 7% premarket share drop. Adjusted earnings were $0.13 per share, beating estimates, with flat revenue of $12.7 billion. Q2 revenue guidance of $11.2-$12.4 billion fell short, citing uncertainties and competitive pressures.
To enhance efficiency, Intel announced structural changes, including management streamlining and reduced operating expenses targets for 2025 and 2026. CEO Lip-Bu Tan’s leadership aims to navigate Intel through tough competition and drive AI innovation. While these moves may strengthen Intel’s future, market concerns persist over growth challenges and turnaround pace.
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