Intel Punked After the Bell
We nailed it...
record Q4 revenue on channel stuffing (record microprocessor and chip set units revenue) with lowered forward guidance.
Further insult, the record revenue missed estimates, and the hammer came down, stock punished 10% after hours.
YOY Q4 revenue $10.7 billion +10.5%; operating income +105%; net income +51%; EPS +46%.
YTD 2007 vs 2006: revenue +8%; operating income +45%; net income +38%; EPS +37%.
Sequential Q4 vs Q3: revenue +6%; operating income +42%; net income +27%; EPS +27%.
Lowered forward guidance: Q4 Revenue $10.7 billion; Q1 2008 outlook revenue $9.4 to $10 billion. Full Report
record Q4 revenue on channel stuffing (record microprocessor and chip set units revenue) with lowered forward guidance.
Further insult, the record revenue missed estimates, and the hammer came down, stock punished 10% after hours.
YOY Q4 revenue $10.7 billion +10.5%; operating income +105%; net income +51%; EPS +46%.
YTD 2007 vs 2006: revenue +8%; operating income +45%; net income +38%; EPS +37%.
Sequential Q4 vs Q3: revenue +6%; operating income +42%; net income +27%; EPS +27%.
Lowered forward guidance: Q4 Revenue $10.7 billion; Q1 2008 outlook revenue $9.4 to $10 billion. Full Report
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