| Q3 2024 | GAAP | Non-GAAP | ||
| Revenue | $12.5-13.5 billion | |||
| Gross Margin | 34.5% | 38.0% | ||
| Tax Rate | 34% | 13% | ||
| Earnings (Loss) Per Share Attributable to Intel—Diluted | $(0.24) | $(0.03) |
After hour market seems to like it.
It doesn't look good to me but I guess the guidance isn't as bad as expected?
Yea if someone who knows more about markets could explain the after hours that would be appreciated. Those margins are terrible. AMD has gotten hammered since their earnings report. I guess it is all about the "AI" still.
$3.1 billion of charges, substantially all of which were recognized in cost of sales, related to non-cash impairments and the acceleration of depreciation for certain manufacturing assets, a substantial majority of which related to the Intel 7 process node, based upon an evaluation of current process technology node capacities relative to projected market demand for Intel products and services
I can't make heads or tails trying to compare to AMS Q3, Could you do a comparison by division (data center is the most interesting to me)
The first one doesn't have much effect yet.
I can't make heads or tails trying to compare to AMS Q3, Could you do a comparison by division (data center is the most interesting to me)
$16 billion loss? Pat is cooked.Earnings are in, revenue was above mid-line guidance but EPS was a huge miss. In other words, revenue was a little better than expected, but profits were significantly lower than expected. Revenue down 6% y/y.
View attachment 110709
That GAAP EPS is brutal.
The one most important number for Intel's success is DC, and AMD beat them ? Is this the first quarter for that ? Between this and the note from supermicro, no wonder I can't get a Turin motherboard, its all going to builds for the data center !AMD - DC Revenue was $3.55B, up 122% from last year. Operating income for DC was $1.04B.
Intel - DC Revenue was $3.3B, up 9% from last year. Operating income for DC was $0.3B.
If I have time later, I'll do more comparisons.
The first one doesn't have much effect yet.
The one most important number for Intel's success is DC, and AMD beat them ? Is this the first quarter for that ?
Frankly any business with positive opmargin is important for Intel at this point.The one most important number for Intel's success is DC, and AMD beat them
So, do I read it right, they are 68% and 18% both negative in Operating margin ? Thats horrible.Frankly any business with positive opmargin is important for Intel at this point.
Wait... that is practically the reserves of Angola! DAMN! That is a BIG LOSS!$16 billion loss? Pat is cooked.