Page 6 - Client Computing News Today

The impressive Q2 earnings & strong forecast of Intel led to a 7% stock surge, signaling a triumphant comeback to profitability

Intel announced a strong financial performance, reporting earnings of $1.5 bn. The company's revenue exceeded expectations, reaching $12.9 billion. However, it is still behind last year's revenue.

Intel reported second-quarter earnings on Thursday, including a return to profitability after two straight quarters of losses, and a stronger-than-expected forecast. CNBC reports: For the third quarter, Intel expects earnings of $0.20 per share, adjusted, on revenue of $13.4 billion at the midpoint...

Intel (NASDAQ:INTC) shares gained about 7% on Friday after the legacy chipmaker reported second-quarter results that were ahead of market expectations.

Intel management has told investors that the company’s turnaround will take time, and that it is aiming to match TSMC’s chip manufacturing prowess by 2026.

Intel stock (NASDAQ: INTC) is expected to publish its Q2 2023 results later this week. We expect revenue for the quarter to come in at about $12.2 billion, marginally...

ASBIS STRENGTHENS ITS BOARD OF DIRECTORS PRESS RELEASE - 22 June 2023. Limassol, Cyprus ASBISc Enterprises Plc, a leading Value Add Distributor, developer, and provider of ICT, IoT products, Robotic solution...

BREEZY SIGNED AN AGREEMENT WITH MIMARKT - AUTHORIZED XIAOMI RETAILER IN POLAND PRESS RELEASE - 13 June 2023. Limassol, Cyprus Breezy, an international... | June 13, 2023

ASBIS FURTHER EXPANDS ITS PORTFOLIO OF INTELLIGENT SOLUTIONS FOR HOME/OFFICE, WITH MIDEA BRAND PRESS RELEASE - 17 May 2023. Limassol, Cyprus ASBISc... | May 18, 2023

ASBIS HAD A GREAT Q1 2023 AND IS ON TRACK FOR FURTHER STRONG INCREASES IN SALES PRESS RELEASE - 11 May 2022. Limassol, Cyprus ASBISc Enterprises Plc, a... | May 11, 2023