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MarketBeat
Jeffrey Neal Johnson

Intel: Good Quarter, Bad Vibes, Guidance Rattles Investors

Intel Corporation LipBu Tan AMD IFS Intel Foundry Services MarketBeat
[content-module:CompanyOverview|NASDAQ:INTC]

Intel (NASDAQ: INTC) reported seemingly positive first-quarter financial results, exceeding expectations for adjusted earnings per share (EPS) and revenue.

However, this initial positive sentiment quickly faded due to the company's very cautious outlook for the second quarter, forecasting breakeven non-GAAP earnings per share.

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