{"id":86327,"date":"2023-10-27T00:08:55","date_gmt":"2023-10-27T04:08:55","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86327"},"modified":"2023-10-26T22:55:28","modified_gmt":"2023-10-27T02:55:28","slug":"intel-stock-rises-on-earnings-beat-and-strong-revenue-guidance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2023\/intel-stock-rises-on-earnings-beat-and-strong-revenue-guidance.html","title":{"rendered":"Intel stock rises on earnings beat and strong revenue guidance"},"content":{"rendered":"\n<p>(CNBC) For the fourth quarter, Intel expects earnings of 23 cents per share, adjusted, on revenue of $14.6 billion and $15.6 billion, versus LSEG expectations of 32 cents per share on $14.31 billion in sales. Intel posted net income of $297 million, or 7 cents per share, versus net income of $1.02 billion, or 25 cents per share in the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.intc.com\/news-events\/press-releases\/detail\/1586\/intel-reports-third-quarter-2022-financial-results\" target=\"_blank\">same quarter last year<\/a>. Intel\u2019s gross margin for the quarter was 45.8%, which was flat year over year.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/10\/26\/intel-intc-earnings-report-q3-2023.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) For the fourth quarter, Intel expects earnings of 23 cents per share, adjusted, on revenue of $14.6 billion and $15.6 billion, versus LSEG expectations of 32 cents per share on $14.31 billion in sales. Intel posted net income of [&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-86327","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86327","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=86327"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86327\/revisions"}],"predecessor-version":[{"id":86328,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86327\/revisions\/86328"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}