Jim Cramer: How Reported Hack Impacted Intel Stock After Earnings
Intel (INTC) reported earnings of $1.52 per share on revenue of $20 billion. Analysts were expecting earnings of $1.10 per share on revenue of $17.5 billion.
“We significantly exceeded our expectations for the quarter, capping off our fifth consecutive record year,” said Bob Swan, Intel's CEO. “Demand for the computing performance Intel delivers remains very strong and our focus on growth opportunities is paying off.
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