Intel Corp. (NASDAQ: INTC) Q3 2020 earnings call dated Oct. 22, 2020
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INTC Earnings: All you need to know about Intel Q3 2020 earnings results. Revenue fell 4% year-over-year to $18.3 billion. GAAP net income decreased 29% to $4.3 billion while EPS dropped 25% to $1.02. Adjusted EPS fell 22% to $1.11. For the fourth quarter of 2020, Intel expects revenues of approx. $17.4 billion, GAAP EPS of $1.02 and adjusted EPS of $1.10. For full-year 2020, revenues are estimated to be approx. $75.3 billion while GAAP EPS is projected to be $4.55 and adjusted EPS is expected to be $4.90.
Trey Campbell — Vice President of Finance and Director of Investor Relations
Robert H. Swan — Chief Executive Officer
George S. Davis — Chief Financial Officer
Timothy Arcuri — UBS — Analyst
Harlan Sur — JPMorgan — Analyst
Blayne Curtis — Barclays — Analyst
John Pitzer — Credit Suisse — Analyst
Joe Moore — Morgan Stanley — Analyst
Tristan Gerra — Baird — Analyst
Pierre Ferragu — New Street Research — Analyst
Chris Danely — Citi — Analyst
