Intel Q3 Adj. EPS $1.71 Beats $1.11 Estimate, Non-GAAP Revenue $18.10B Miss $18.24B Estimate

Intel (NASDAQ:INTC) reported quarterly earnings of $1.71 per share which beat the analyst consensus estimate of $1.11 by 54.05 percent. This is a 54.05 percent increase over earnings of $1.11 per share from the same period last year. The company reported quarterly sales of $18.10 billion which missed the analyst consensus estimate of $18.24 billion by 0.77 percent. This is a 1.27 percent decrease over sales of $18.33 billion the same period last year.