INTEL (INTC) Q1 2025 Earnings Report

Intel declare The first quarter results On Thursday, when giving analysts assessments, disappointment management and announcing the plans to slash costs in the coming year, CEO Lip-this is the first under this tan. The stock fell in extended trade.

Here’s how the company has done, LSEG consensus assessments:

• Earnings on a share: 13 cents, 1 cents and 1 cents
• Income: $ 12.3 billion worth of $ 12.67 billion

Intel is waiting for the income for the current quarter of the quarter, which is below average analytical assessment of the average analyst. The company will be Breakeven, analysts, analysts were looking for a profit of 6 cents for a share.

Intel said the second quarterly management reflects the high-level uncertainty managed by the macro environment.

“The United States and more liquid trade policy, as well as regulatory risks, increased the chances of economic slowdown,” Intel CFO David Zinsner said about the analysts.

Intel for the first quarter, due to sales costs and some written expenses, $ 800 million per share or 19 cents per share damaged 19 cents. This is compared to a net loss of $ 400 million, or 9 cents for a stock, In 2024.

Tan, the first income statement started as the General Director in March, Pat Gelinger, in December, board members and investors under pressure. Gelsinger’s term was emphasized by the fact that the company cannot effectively fight in artificial intelligence and the effort to produce semiconductors for other companies, including competitors.

“The first quarter became a step in the right direction, but there are no quick adjustments because we are trying to get a market share and go back to a road to drive a sustainable growth.”

Intel said he planned to reduce operational and capital expenditures by removing management layers to be more efficient. The company will target $ 17.5 billion in operating expenses in 2025 in 2025 and $ 18 billion worth $ 20 billion in 2025.

Intel said he did not include reconstructed charges. Zinsner CNBC’s Christina Partyevelos said that the reduction of operating expenses, especially for managers, but the Intel has not yet disclosed the number of cuts.

“There are no ways that these critical changes will reduce the size of our workforce,” Tan said that the workers broadcast on the website of Intel were a memorial. He said that the cuts will start this quarter.

Intel Investors Umid Tan can be transformed around a market share in the main processor work and a competitive company in the AI ​​chips NvidiaPrefer to the fast growing sector.

Tan, previously started his team, last week’s name Sachin Katti. Tan, in a memo on Thursday, Intel said he would have to work four days a week in the office until September.

Intel’s Information Center group gave $ 4.1 billion sales in sales of up to 8% from a year ago. Intel, previously led by Katti’s network and an outside calculation group, entered the Central Organization.

Another major business of the company, plugs for the PC, is reported within the framework of the client calculation group. Up to $ 7.6 billion per annum increased by 8%.

Intel’s growth casing comes to produce many of these sales to produce other sections of Intel.

Follow: Intel shares stumble to uncertainty at a high level