Intel Q2 loss 398 million excluding fine profit 1 billion

Source: Internet
Author: User
July 15 News, Intel released its second-quarter earnings in Tuesday. The results showed Intel lost 398 million dollars and 7 cents per share.  Over the same period last year, Intel had a profit of USD 1.6 billion, with earnings of 28 cents per share. According to foreign media reports, excluding the European Union fine, Intel profit of 1 billion U.S. dollars, earnings per share of 18 cents. Analysts expect earnings of 8 cents per share. Intel's second-quarter revenue fell 15% to $8.02 billion, and analysts expect Intel's revenue to be $7.28 billion.  Intel's share price has risen 7% per cent in the trading after the news. Intel's results show a growing demand for chips.  PC manufacturers have ordered a large number of processors, mainly because they need to replenish their inventories after large-scale "inventory", which does not mean that PC demand has increased.  Intel expects its third-quarter revenue to be $8.5 billion trillion, much higher than analysts ' estimated $7.8 billion trillion. Intel's share price rose 1.27 to $18.1 in the trading.  In conventional trading, Intel's shares closed at $16.83, or 2.1%. Author: Liu Yanqing

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