Earnings: 87 cents per share, adjusted, vs. 81 cents as expected by analysts, according to Refinitiv.
Revenue: $18.35 billion, vs. $18.31 billion as expected by analysts, according to Refinitiv.
Intel reported first-quarter net income of $8.11 billion, or $1.98 a share, compared with $3.36 billion, or 82 cents a share, in the year-ago period. After adjusting for acquisition-related expenses and other items, Intel reported earnings of 87 cents a share, compared with $1.34 a share from a year ago.
Revenue declined to $18.35 billion from $19.67 billion in the year-ago quarter.
Intel also predicted revenue for the current quarter of $18 billion, which was below the consensus call of $18.3 billion.
Stock falls 5% following data-center miss and light outlook
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