Intel 'Still A Work In Progress' As 'Turnaround Efforts Take Root,' Analysts Say After Q1 Disappointment
Intel Corp INTC stock fell after reporting a first-quarter (Q1) revenue miss and weak Q2 EPS guidance. The company’s quarterly earnings of 18 cents per share beat the consensus estimate by 28.57%. However, sales of $12.72 billion missed estimates by 0.44%. …