Intel Corporation (INTC) Earnings: Big Beat on Bottom Line

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HFA Staff
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Intel Corporation (NASDAQ:INTC) released its earnings report for the third quarter of 2013 this afternoon after the bell rang on Wall Street. The company showed earnings of $0.58 per share on revenue of $13.5 billion. On today’s market shares in the processor designer rose a fraction to finish at $23.39. In the run up to the release of this earnings report, analysts studying Intel Corporation (NASDAQ:INTC) were looking for earnings of 53 cents per share from the company on revenue totaling $13.5 billion. In the same three months of 2012 the company earned 60 cents per share on revenue of…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.