Company Reports Strong Revenue Growth And Earnings Loss

Intel Q2 2024 Earnings Release and Webcast

Company Reports Strong Revenue Growth and Earnings Loss

Key Financial Highlights

Intel Corporation today announced its financial results for the second quarter of 2024. The company reported revenue of $127 billion, an increase of 9% year-over-year. However, the company also reported a GAAP earnings loss per share of $1.12.

Webcast Details

Intel will hold a public webcast at 2 pm PDT today to discuss the results for its second quarter of 2024. The webcast will be accessible on the company's website at www.intel.com/investor.

Conclusion

Despite the earnings loss, Intel's strong revenue growth demonstrates the company's continued commitment to delivering innovative products and services. The company's focus on emerging technologies such as artificial intelligence and cloud computing positions it well for future growth.