TITLE

Intel 2Q results buoy investors...but how good were they?

AUTHOR(S)
Haber, Carol
PUB. DATE
July 1997
SOURCE
Electronic News;07/21/97, Vol. 43 Issue 2177, p42
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Assesses Intel Corp.'s financial results for the second quarter ended June 28, 1997. Sequential fall-offs in sales and net incomes; Transition by customers to more advanced Pentium processors; Strong gains logged in year-over-year comparisons; Increase in revenue by 29% to $6.0 billion; Surge in net income to $1.6 billion from the year-ago period; Below-expectation gross margins.
ACCESSION #
9707282425

 

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