Inside Intel Corp.’s Strong Third-Quarter Earnings Report

On Oct. 26, Intel (NASDAQ: INTC) announced its third-quarter financial results. Revenue was $16.1 billion, beating the company's guidance by $400 million, and earnings per share (EPS) was $0.94, crushing the $0.72 guidance that the company gave when it reported its financial results for the quarter.

Image source: Intel.

Considering this strength, Intel also raised its full-year financial guidance. Intel had previously guided to revenue of $61.3 billion and earnings per share of $2.66 for the year. Now, Intel expects revenue of $62 billion and earnings per share of $2.93 for the year.

Source: Fool.com