{"id":84594,"date":"2023-04-28T01:29:11","date_gmt":"2023-04-28T05:29:11","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84594"},"modified":"2023-04-28T01:12:03","modified_gmt":"2023-04-28T05:12:03","slug":"intel-reports-largest-quarterly-loss-in-company-history","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2023\/intel-reports-largest-quarterly-loss-in-company-history.html","title":{"rendered":"Intel reports largest quarterly loss in company history"},"content":{"rendered":"\n<p>(CNBC) <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/INTC\/\">Intel<\/a> has reported <a rel=\"noreferrer noopener\" href=\"https:\/\/d1io3yog0oux5.cloudfront.net\/_b67ed4d8c17197972c955fd107959e3b\/intel\/db\/887\/8943\/earnings_release\/Q1+23_EarningsRelease+%28004%29.pdf\" target=\"_blank\">first-quarter results<\/a> that showed a staggering 133% annual reduction in earnings per share. Revenue dropped nearly 36% year over year to $11.7 billion. Still, the loss per share and sales were slightly better than soft Wall Street expectations. The stock fluctuated in extended trading after initially rising on the report.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/04\/27\/intel-intc-earnings-report-q1-2023.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Intel has reported first-quarter results that showed a staggering 133% annual reduction in earnings per share. Revenue dropped nearly 36% year over year to $11.7 billion. Still, the loss per share and sales were slightly better than soft Wall [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84594","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84594"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84594\/revisions"}],"predecessor-version":[{"id":84595,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84594\/revisions\/84595"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}