Intel earnings and revenues beat but the guidance is a disppointment

<p>Intel Corp (INTC) Q4 2023 Earnings:</p><ul><li>EPS: $0.63, Beat expectations of $0.45.</li><li>Revenue: $15.4 billion, Beat expectations of $15.16 billion.</li><li>Guidance for Q1:<ul><li>Adjusted EPS view: $0.13, below expectations of $0.34.</li><li>Adjusted revenue view: $12.2 to $13.2 billion, below expectations of $14.25 billion.</li></ul></li></ul><p>Intel revenue breakdown:</p><ul><li>Client Computing: $8.84 billion, Beat expectations of $8.42 billion.</li><li>Datacenter &amp; AI: $4 billion, slightly Below expectations of $4.08 billion.</li><li>Network &amp; Edge: $1.47 billion, Below expectations of $1.55 billion.</li><li>Mobileye: $637 million, Beat expectations of $627.2 million.</li><li>Intel Foundry Services: $291 million, Below expectations of $342.5 million.</li></ul><p>Shares of Intel are trading down -$2.28 or -4.54% in after-hour trading.</p><p>Other earnings summaries from after the close shows:</p><p>Levi Strauss &amp; Co (LEVI) Q4 2023:</p><ul><li>Adjusted EPS: $0.44, Beat expectations of $0.43.</li><li>Revenue: $1.6 billion, Below expectations of $1.66 billion.</li><li>FY24 Adjusted EPS View: $1.15 to $1.25, Below expectations of $1.33.</li><li>Shares are trading down -2.86% in after-hours trading</li></ul><p>Visa Inc (V) Q1 2024:</p><ul><li>Adjusted EPS: $2.41, Beat expectations of $2.34.</li><li>Revenue: $8.6 billion, Beat expectations of $8.54 billion.</li><li>Shares are trading down -1.16% in after-hours trading</li></ul><p>Western Digital Corp (WDC) Q2 2024:</p><ul><li>EPS: -$0.87, Beat expectations of -$1.13.</li><li>Revenue: $3.03 billion, Beat expectations of $2.99 billion.</li><li>Q3 Revenue Guidance: Sees revenue of $3.20 billion to $3.40 billion, Above expectations of $3.10 billion.</li><li>Despite the beat, shares are trading -3.98% in after-hours trading</li></ul><p>KLA Corp (KLAC) Q2 2024:</p><ul><li>EPS: $4.28, Beat expectations of $3.91.</li><li>Revenue: $2.49 billion, Beat expectations of $2.46 billion.</li><li>Shares are trading down -5.26% in aftermarket trading</li></ul><p>T-Mobile Q4 2023</p><ul><li>EPS: $1.67, Missed expectations of $1.90</li><li>Revenue: $20.48B, Missed expectations of $19.64B</li><li>Shares are trading down -1.93% in aftermarket trading</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.

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