Intel defies odds with Q3 2024 earnings beat, shares spike 7%

Intel defies odds with Q3 2024 earnings beat, shares spike 7%

Intel’s shares soared by 7% following the announcement of its third-quarter earnings for 2024, marking an impressive performance that beat analysts’ expectations and providing an uplifted future guidance. The company delivered adjusted earnings per share (EPS) of $0.41, comfortably surpassing the consensus estimate of $0.21, and posted revenue of $14.16 billion. Despite a year-over-year decline […]