Intel shares drop 6% after rare revenue miss in Q4 earnings.

Intel shares drop 6% after rare revenue miss in Q4 earnings.

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/01/24/intel-shares-drop-6-after-rare-revenue-miss-in-q4-earnings/

Intel shares are down 6 percent after-hours after the company announced a rare revenue miss in its Q4 earnings report. The company reported a Non-GAAP EPS of $1.28 on revenue of $18.66 billion (up 9 percent year-over-year). Wall street was expecting an EPS of $1.22 on revenue of $19.01 billion.

Semiconductor companies are facing a lot of the same uncertainties as others in the broader tech industry as concerns grow that a slowing Chinese economy and possible trade war could compound longer tail factors facing chipmakers.