Intel Reports Unchanged Q1 Revenue Amidst Financial Challenges

Intel Corporation has announced its first-quarter financial results for fiscal year 2025, revealing a steady revenue of $12.7 billion, unchanged from the previous year. Despite this, the company faced a net loss of $0.8 billion, a significant 115% decline from the $0.4 billion loss in Q1 of 2024.

Future Outlook and Leadership's Response

The diluted loss per share (EPS) for the quarter was reported at $0.19, compared to a $0.09 loss in the previous year. Looking forward, Intel anticipates second-quarter revenue to range between $11.2-12.4 billion, with an expected loss per share of $0.32.

"The first quarter was a step in the right direction, but there are no quick fixes as we work to get back on a path to gaining market share and driving sustainable growth," stated CEO Lip-Bu Tan. He emphasized swift actions towards better execution, operational efficiency, and a return to basics by focusing on customer needs and product innovation.

Market Reaction

Following the earnings report, Intel's shares experienced a 6.89% drop in after-hours trading, settling at $20.01 per share.