Intel reported its highest quarterly loss in firm history, with $2.8 billion in the January-March interval.
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Intel, one of many world’s largest microchip producers, shared its monetary outcomes for the January-March interval.
In accordance with the information introduced, Intel’s income in the primary quarter decreased by 36 % in comparison with the identical interval of the earlier 12 months and decreased to 11.7 billion {dollars}.
Intel generated $18.4 billion in income in the January-March interval of final 12 months.
Main injury of $2.8 billion
Intel posted a web loss of $2.8 billion in the primary quarter of the 12 months. Intel had a web revenue of $8.1 billion in the identical interval final 12 months.
The microchip producer, which reported its highest quarterly loss ever, additionally calculated a loss per share of $ 0.66 throughout this era. The corporate reported a revenue of $1.98 per share in the primary quarter of final 12 months.
The corporate’s Chief Monetary Officer (CEO), David Zinsner, additionally famous that they continue to be disciplined in expense administration as a part of their dedication to extend effectivity and value financial savings.
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https://www.ensonhaber.com/teknoloji/28-milyar-dolar-intel-tarihinin-en-yuksek-3-aylik-zararini-acikladi
