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Fexon Technology Ltd: Intel's first quarter profit fell in line with analyst expectations
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Wednesday, April 16, 2008
3:11:00 AM EDT
Feeling Happy
Fexon Technology Ltd reports: Despite fears that the sluggish economy will slow investment in technology, but Intel's core microprocessor business maintained a healthy growth. First-quarter financial report in line with Wall Street expectations.
Intel's published financial report shows that in the March 29 end of the first quarter, the company achieved a profit of 1.44 billion US dollars, and earnings per share lower than the same period last year by 12% to 25 cents a share, in line with Thomson Financial analysts expected. Intel first quarter of last year realized a profit of 1.64 billion US dollars, earnings of 28 cents a share.
Intel's first quarter revenue slightly higher than analysts expected, than the same period last year, an increase of 9 percent to 9.67 billion US dollars, a record first quarter, analysts expect Intel's revenue for 9.63 billion US dollars. (Fexon Technology Ltd)
Intel Chief Financial Officer Stacy Smith said that the new chip manufacturing technology reduces the manufacturing cost per chip, Intel's financial report reflects the chip market has the capability to overcome some of the price decline caused negative effects.
Tuesday Intel's shares rose 22 cents to close at 20.91 US dollars per share, in the financial report released after-hours trading, Intel's shares rose 1.51 US dollars, or more than 7 percent, reaching 22.42 US dollars per share.(Fexon Technology Ltd)
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3:11:00 AM EDT
Feeling Happy
Fexon Technology Ltd: Intel's first quarter profit fell in line with analyst expectations
Intel's published financial report shows that in the March 29 end of the first quarter, the company achieved a profit of 1.44 billion US dollars, and earnings per share lower than the same period last year by 12% to 25 cents a share, in line with Thomson Financial analysts expected. Intel first quarter of last year realized a profit of 1.64 billion US dollars, earnings of 28 cents a share.
Intel's first quarter revenue slightly higher than analysts expected, than the same period last year, an increase of 9 percent to 9.67 billion US dollars, a record first quarter, analysts expect Intel's revenue for 9.63 billion US dollars. (Fexon Technology Ltd)
Intel Chief Financial Officer Stacy Smith said that the new chip manufacturing technology reduces the manufacturing cost per chip, Intel's financial report reflects the chip market has the capability to overcome some of the price decline caused negative effects.
Tuesday Intel's shares rose 22 cents to close at 20.91 US dollars per share, in the financial report released after-hours trading, Intel's shares rose 1.51 US dollars, or more than 7 percent, reaching 22.42 US dollars per share.(Fexon Technology Ltd)
==> Older news
Written by skysblog Blog about this entry |
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