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Intel (INTC) Q2 2023 earnings results beat revenue expectations on surprise profit

Intel reported better than expected results for its Q2 2023 earnings.

Bill Lavoy

July 27, 2023 2:35 PM

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Today, Intel (INTC) reported its Q2 2023 earnings results, and the company announced better than expected results. A specific highlight is the news of an EPS number of $0.13 profit against the expectation of $0.03 per share loss.

Intel reported the following results:

• $12.9 billion actual revenue versus $12.1 billion expected
• Actual EPS of $0.13 profit versus $0.03 expected EPS loss
• Q3 2023 guidance of $0.20 EPS versus $0.16 EPS expected
• Q3 2023 revenue guidance midpoint of $13.4 billion versus $13.2 billion expected

The company had this to say about the results:

For more news from the gaming and tech companies reporting their earnings, stick with Shacknews and our Q2 2023 and earnings reports topics.

Bill Lavoy

Managing Editor

Bill, who is also known as Rumpo, is a lifelong gamer and Toronto Maple Leafs fan. He made his mark early in his career through guide writing and a deep understanding of editorial SEO. He enjoys putting in the work to create a great content, be it a wild feature or grinding out an in-depth collectible guide. Tweet him @RumpoPlays if you have a question or comment about one of his articles.