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Intel Down 4%: Q3 Beats, Sees Below-Average Q4 Revenue

Chip giant Intel (INTC) this afternoon reported Q3 revenue and profit that topped analysts’ expectations, but forecast this quarter’s revenue lower, sending its shares lower in late trading. Revenue in the three months ended in September rose 9%, year over year, to $15.8 billion, yielding EPS of 80 cents. Analysts had been modeling $15.6 billion and 73 […]
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