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Intel's share price fell sharply after the opening bell: a drop of 8.63%

via:新浪科技     time:2019/4/26 23:31:41     readed:111

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Earlier, Intel announced the first quarter financial report for the 2019 fiscal year. The report showed that Intel's first-quarter revenue was $16.1 billion, which was flat compared to $16.1 billion in the same period last year; net profit was $4 billion, down 11% from $4.5 billion in the same period last year.

Intel's first-quarter results and second-quarter and full-year results were not as expected by Wall Street analysts, causing its share price to fall sharply by more than 7%.

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