Intel Corporation Q3 Income Rises

(RTTNews) - Intel Corporation (INTC) released a profit for its third quarter that climbed from last year.

The company's profit came in at $6.82 billion, or $1.67 per share. This compares with $4.28 billion, or $1.02 per share, in last year's third quarter.

Excluding items, Intel Corporation reported adjusted earnings of $7.00 billion or $1.71 per share for the period.

The company's revenue for the quarter rose 4.7% to $19.19 billion from $18.33 billion last year.

Intel Corporation earnings at a glance:

-Earnings (Q3): $7.00 Bln. vs. $4.55 Bln. last year. -EPS (Q3): $1.71 vs. $1.08 last year. -Revenue (Q3): $19.19 Bln vs. $18.33 Bln last year.

-Guidance: Next quarter EPS guidance: $0.90 Next quarter revenue guidance: $18.3 Bln Full year EPS guidance: $5.28 Full year revenue guidance: $73.5 Bln