Intel loses money in second quarter due to EU fines
Source: Internet
Author: User
July 15 Morning News, according to foreign media reports, Intel company after the close of the U.S. stock closed announced that the second quarter of the loss of 398 million U.S. dollars, 7 cents per share. Last year, Intel earned 1.6 billion dollars, 28 cents a share. Total quarterly revenues totaled 8 billion dollars, less than 9.5 billion dollars a year ago. Intel's revised profit per share is 18 cents, excluding the impact of the European Commission's fines. According to FactSet Research, market analysts expect the chip giant to make a profit of 8 cents per share, with a revenue of about $7.3 billion trillion. Analysts ' forecasts usually do not include one-off items such as fines. Intel's Nasdaq-listed shares rose 34 cents in the Tuesday U.S. stock Exchange, at $16.83, or 2.06%. After the report, up to 4:14 (Beijing time Wednesday 4:14 A.M.), the unit in the intraday trading price of 16.83 U.S. dollars, and close to the close.
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