Intel Corporation Reports 7% Fall In Q2 Earnings

(RTTNews) - Intel Corporation (INTC) revealed earnings for second quarter that declined from last year.

The company said its bottom line totaled $2.86 billion, or $0.59 per share. This was lower than $3.06 billion, or $0.62 per share, in last year's second quarter.

The company said revenue for the quarter rose 2.6% to $13.53 billion. This was up from $13.19 billion last year.

Intel Corporation earnings at a glance:

-Earnings (Q2): $2.86 Bln. vs. $3.06 Bln. last year. -Earnings Decline (Y-o-Y): -6.5% -EPS (Q2): $0.59 vs. $0.62 last year. -EPS Decline (Y-o-Y): -4.8% -Revenue (Q2): $13.53 Bln vs. $13.19 Bln last year. -Revenue Change (Y-o-Y): 2.6%