Intel Q1 2024 Earnings – The Company Posts a GAAP Net Loss

Intel has now announced its earnings for the first quarter of 2024, posting mixed results relative to the consensus expectations. Intel (NASDAQ: INTC) Earnings Release for the First Quarter of 2024 For the three months that ended on the 31st of March, 2024, Intel reported $12.724 billion in non-GAAP revenue, exceeding consensus expectations of $12.71 billion. Here is the actual performance of Intel’s business segments in Q1 2023: If you find charts confusing, here is an alternate view of Intel’s segmental revenue: Do note that Intel has changed the way it reports its earnings. Now, the revenue from CCG, DCAI, […]

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