Financial Results
Amidst the backdrop of a weak quarterly earnings report that saw Intel lose money for the second quarter in a row, Intel today has announced that the company will be cutting costs by $10 billion in 2025 in an effort to bring Intel back to profitability. The cuts will touch almost every corner of the company in some fashion, with Intel planning to cut spending on R&D, marketing, administration, and capital expenditures. The most significant of these savings will come from a planned 15% reduction in force, which will see Intel lay off 15,000 employees over the next several months – thought to be one of Intel’s biggest layoffs ever. In an email to Intel’s staff, which was simultaneously published to Intel’s website, company CEO...
Intel Announces Q1 FY 2018 Results: Another Record
This afternoon, Intel announced their earnings for the first quarter of their 2018 fiscal year, and once again, the company has set new records, with revenue for the quarter...
18 by Brett Howse on 4/26/2018
AMD Announces Q1 FY 2018 Results: Big Gains
This afternoon, AMD announced their earnings for the first quarter of their 2018 fiscal year, and their recent trend of performance has continued, with revenues for the quarter up...
14 by Brett Howse on 4/25/2018
NVIDIA Announces Record Q4 2018 Results
This afternoon NVIDIA announced yet another record quarter, with revenues of $2.91 billion, which is up 34% from a year ago. Gross margin was 61.9%, and operating income was...
46 by Brett Howse on 2/8/2018
Apple Announces Q1 FY 2018 Earnings
This afternoon Apple announced their earnings, and for the quarter, they had record revenues of $88.293 billion, which is up 13% from the same quarter a year ago. Margins...
13 by Brett Howse on 2/1/2018
Microsoft Announces Q2 FY 2018 Earnings
This afternoon, Microsoft announced their earnings for the second quarter of their 2018 fiscal year. The company had revenues of $28.9 billion for the quarter, which is up 12%...
6 by Brett Howse on 1/31/2018
AMD Announces Q4 FY 2017 Results
This afternoon, AMD announced their earnings for the fourth quarter of 2017. AMD ended the 2017 fiscal year on a high note, with earnings that beat their initial estimates...
20 by Brett Howse on 1/30/2018
Intel Announces Q4 2017 and FY 2017 Results
Today Intel announced their quarterly earnings, and 2017 was another record year for the company. Q4 revenue was a record $17.1 billion, and the full year revenue was a...
42 by Brett Howse on 1/25/2018
NVIDIA Announces Earnings of $2.6 Billion for Q3 2018, Once Again Sets Profit Record
This afternoon, NVIDIA announced its earnings for their 2018 fiscal year’s third quarter, which spans July 31 to October 29, 2017 (and not to be confused with the 2017...
23 by Nate Oh on 11/9/2017
Intel Announces Q3 2017 Results
As another quarterly earnings period continues, Intel has announced its earnings for the third quarter of their 2017 fiscal year. Due the slowing of the PC market, Intel has...
17 by Brett Howse on 10/27/2017
AMD Announces Q3 Earnings: $71M In The Black
2017 has been a great year for the tech enthusiast, with the return of meaningful competition in the PC space. Today, AMD announced their third quarter earnings, which beat...
68 by Brett Howse on 10/24/2017
NVIDIA Announces Earnings Of $2.2 Billion For Q2 2018
NVIDIA announced its earnings this afternoon for the second quarter of their 2018 fiscal year (not a typo). As we’ve seen over the past several quarters, NVIDIA has been...
44 by Brett Howse on 8/10/2017
Apple Announces Q3 FY 2017 Results
This afternoon, Apple announced their earnings for the third quarter of their 2017 fiscal year. Revenue grew 7% year-over-year to $45.408 billion USD for the three months ending July...
40 by Brett Howse on 8/1/2017
Intel Announces Q2 FY 2017 Earnings: Record Quarter
This afternoon, Intel announced their second quarter results for fiscal year 2017, and continuing a trend, they have once again set a record for the current quarter. Intel recorded...
11 by Brett Howse on 7/27/2017
AMD Announces Q2 2017 Results: Ryzen Makes An Impact
This afternoon, AMD announced their second quarter results for their fiscal year 2017, and the news is promising. AMD still has some work to do in order to get...
60 by Brett Howse on 7/25/2017
NVIDIA Announces Earnings for Q1 FY 2018
This afternoon, NVIDIA announced their earnings for the first quarter of their 2018 fiscal year. NVIDIA has been having a lot of success moving their core GPU business away...
16 by Brett Howse on 5/9/2017
Apple Announces Q2 FY 2017 Earnings
This afternoon, Apple announced their earnings for the second quarter of their 2017 fiscal year. Revenue was up 5% year-over-year to $52.896 billion. Operating income for the quarter was...
18 by Brett Howse on 5/2/2017
AMD Releases Q1 2017 Earnings, Confirms Vega and Naples Still On-Track for This Quarter
AMD’s Q1 earnings are in, capping off a very important quarter for the company. For the first quarter of the year, AMD booked $984 million in revenue, a sizable...
37 by Ryan Smith on 5/2/2017
Microsoft Announces Q3 FY 2017 Results
This week, Microsoft announced their earnings for the third quarter of their 2017 fiscal year. Despite missing some expectations in a few segments, Microsoft’s revenue was up 8% to...
9 by Brett Howse on 4/28/2017
Intel Announces Q1 2017 Financial Results: Record Quarter
Today Intel announced their earnings for Q1 of their 2017 fiscal year, and the results were good. Intel delivered record revenue for the quarter, of $14.8 billion, up from...
21 by Brett Howse on 4/27/2017
NVIDIA Reports Q4 2017 And Fiscal 2017 Results: Record Revenue
NVIDIA’s fiscal year for 2017 ended on January 29, 2017, and for the fourth quarter and full year, NVIDIA reports they had record revenues. For Q4 2017, NVIDIA is...
21 by Brett Howse on 2/9/2017
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