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Intel reported on sales drop and a net loss in the fourth quarter, while the American chip manufacturer tries to turn after the unrest that he led to the hell of the Pat Gelsinger director last year.
The Silicon Valley group announced that her revenues had fallen to 7 percent in the year in the year to $ 14.3 billion. He also published a net loss of about $ 126 million, compared to a profit of $ 2.7 billion in the same period of the previous year. Analysts predicted a loss in the fourth quarter of $ 838 million from a sale of $ 13.8 billion.
“The cost of reducing the costs we announced last year to improve the company’s trajectory has an impact,” said David Zinsner, a temporary compassionate and chief financial director. “We nurture the culture of efficiency throughout the business, at the same time directing the larger yields to their invested capital and improved profitability.”
Intelligence He is still looking for a replacement executive director who will try to revive his wealth. Gelsinger was forced In December after four years as an executive director in the midst of strengthening the pressure of investors who lost faith in his vision for rotation The job is extincting him as a client-which is confronted with clients. The company reported a loss of $ 16.6 billion in the third quarter of 2024, with the biggest quarterly loss in its history.
Intel forecasts for sale and profit in the first quarter of 2025 were lagging behind the Wall Street projections. The group announced that current revenues from the quarter would be between $ 11.7 billion and $ 12.7 billion, and missing the average estimates of analysts in the amount of $ 12.9 billion.
Intel stocks rose about 2 percent in trading after working hours in New York.
