Investing.com - Intel reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Intel announced earnings per share of $0.59 on revenue of $15.30. Analysts polled by Investing.com EPS of $0.34 on revenue of $15.43B.
Intel 's are down 33% and is trading at $27.11 , still down 53.32% from its 52 week high of $56.28 set on Wednesday, January 12, 2022.
Intel shares gained 3.20% to trade at $27.11 in after-hours trade the report.
Intel follows other major Information Technology sector earnings this month
Intel's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, EPS of $2.32 on revenue of $49.86B.
Visa A had beat expectations on Tuesday with fourth quarter EPS of $1.93 on revenue of $7.8B, for EPS of $1.87 on revenue of $7.57B.
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