Intel Corp (NASDAQ:INTC) reported fourth-quarter financial results after the market close on Thursday. Here’s a look at the key details from the chipmaker’s report.
- Intel stock is trading near recent highs. Where is INTC stock headed?
Intel Beats Q4 Estimates
Intel reported fourth-quarter revenue of $13.67 billion, beating analyst estimates of $13.37 billion. The company reported fourth-quarter adjusted earnings of 15 cents per share, beating estimates of eight cents per share, according to Benzinga Pro.
Total revenue in the fourth quarter was down 4% on a year-over-year basis. Here’s a breakdown of revenue by category:
- Client …