Intel Corp Issues Q3 2013 Revenue Guidance Below Analysts' Estimates; Lowers Prior FY 2013 Revenue Guidance

Wednesday, 17 Jul 2013 04:01pm EDT 

Intel Corp announced that for the third quarter of 2013, it expects revenue of $13.5 billion, plus or minus $500 million. For fiscal 2013, it expects approximately flat year on year, down from prior expectations of low single digit percentage increase. The Company's outlook does not include the potential impact of any business combinations, asset acquisitions, divestitures or other investments that may be completed after July 17. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $53.50 billion for fiscal 2013; revenue of $13.73 billion for the third quarter of 2013. 

Company Quote

-0.36 -1.00%
21 Nov 2014