Intel warns of cash outflow, Q4 revenue misses forecast; shares plunge 23%
Briefing by News4U · First published
ITHome reported that Intel warned of a net cash outflow this year due to weak PC demand, manufacturing bottlenecks and heavy expansion spending, forecasting Q4 revenue of $15-16 billion versus analyst expectations of $17 billion; the company also projected adjusted EPS of 25 cents against a consensus of 43 cents, and shares plunged 23% in after-hours trading. [1]
Sources
- PC 市场疲软叠加供应链扰动：英特尔业绩指引不及预期，盘后股价暴跌 23%
ITHome · · Summary only