Intel Beats Estimates, Stock Down on Outlook

Q4 2023Analyst Estimates for Q4 2023Q4 2022Revenue$15.4 billion$15.17 billion $14.04 billionDiluted Earnings (Loss) Per Share$0.63$0.45 ($0.16)Net Income (Loss)$2.7 billion$960 million(660 million)"In 2024, we remain relentlessly focused on achieving process and product leadership, continuing to build our external foundry business and at-scale global manufacturing, and executing our mission to bring AI everywhere as we drive long-term value for stakeholders," said Intel CEO Pat Gelsinger in a prepared state ...