Intel(INTC) - 2024 Q2 - Quarterly Results

Intel Corporation 2200 Mission College Blvd. Santa Clara, CA 95054-1549 News Release Intel Reports Second-Quarter 2024 Financial Results Announces $10 Billion Cost Reduction Plan to Increase Efficiency and Market Competitiveness NEWS SUMMARY ▪ Second-quarter revenue of $12.8 billion, down 1% year over year (YoY). ▪ Second-quarter GAAP earnings (loss) per share (EPS) attributable to Intel was $(0.38); non-GAAP EPS attributable to Intel was $0.02. ▪ Forecasting third-quarter 2024 revenue of $12.5 billion to $ ...