Tuesday, July 17, 2007

Intel quarterly profit rises but margins miss

(Reuters) - For its second quarter, Intel posted net earnings of $1.3 billion, or 22 cents per share, compared with $885 million, or 15 cents per share, a year earlier.




Excluding a special gain of 3 cents per share related to a tax item, Intel's profit was 19 cents per share, in line with the average Wall Street expectation.


Read more at Reuters.com Market News

No comments: