Intel Q2 2022 Earnings Are A Disaster As Revenue And Eps Miss By Double Digit Percent
Intel (NASDAQ: INTC) has now announced its earnings for the second quarter of 2022, broadly missing consensus expectations regarding its top-line and bottom-line metrics. Intel (NASDAQ: INTC) Earnings Release for the Second Quarter of 2022 For the three months that ended on the 30th of June 2022, Intel reported $15.3 billion in non-GAAP revenue. The number missed consensus expectations by over 14 percent. (All figures are in billions of dollars) Here is the performance of Intel’s business segments in Q2 2022: During Q2 2022, Mobileye recorded the highest growth, while IFS remained the laggard with a growth of -54 percent....