SANTA CLARA (dpa-AFX) - Intel Corporation (INTC) Thursday reported first-quarter net loss of $821 million or $0.19 per share, compared to net loss of $437 million or $0.09 per share last year.
On an adjusted basis, net income per share was $580 million or $0.13, compared to $759 million or $0.18 last year.
Net revenues for the quarter were $12.67 billion, down from $12.72 billion last year.
Looking forward to the second quarter, the company expects revenue of $11.2 billion to $12.4 billion, and loss per share of $0.32 and adjusted earnings of $0.00.
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