Intel reports revenue increase in first quarter
The Star Online - News·2024-04-26 08:02
SAN FRANCISCO, April 25 (Xinhua) -- Intel Corporation on Thursday reported its financial results for the first quarter of 2024, with a revenue of 12.7 billion U.S. dollars, up 9 percent year on year.
The company's Generally Accepted Accounting Principles (GAAP) quarter net loss was 0.4 billion dollars, compared with a net loss of 2.8 billion dollars year over year. Its non-GAAP quarter net income was 0.8 billion dollars, as against a net loss of 0.2 billion dollars a year ago.
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