https://www.cnbc.com/2025/07/24/intel-intc-earnings-report-q2-2025.html
@dj The stock has become a bit of a meme, and the lack of any big asset sale announcement or shock earnings number causes those fast traders to exit.
The company is no longer sugar coating the situation, which is good overall but not for the stock.
See how much RSU dumping happens with those who are on the way out. That might leave a mark and usually it takes a few days of that to put a bottom in the stock.
The market knows perfectly well (and places bets) about that RSU supply and that some will sell shares as well. That adds to the typical volatility each quarter, but especially when there are layoffs going on.
I liked the ER. The company is knee-deep in restructuring and unlike many previous efforts, this appears to be cutting with purpose.
It will take time to shed assets but the company seems to be set on making that happen, to get capacity better aligned with demand.
Also liked the comments about product development.
“Tan said that the first few months of his tenure had “not been easy.”
Hard for him, how about all the engineers he just laid off ?
Margins 27%. Woah. Going to have to cut costs a lot more. Means also they are discounting prices for business and shenanigan with rebates etc. Going to be bad
@a6 remember when margins at 45% were considered horrendous? I bet they will drop into the teens before/ if they get better.
Wow the messaging on the ER is awful.
Normally you take your team and sh-t on them in private, not on an earnings call. What the he-l was that.
A loss of $0.67 per share and margins are down to 27.5%. Aka the company is still losing money. Don’t celebrate too much. More down side left to go.
Street is not impress after hours slightly down. Too bad. Needs to cut costs more to get stock up and revenue barely moving. Forward projections not great slightest hiccup and will be bad
Looks like the core business is growing a bit, and LBT has done what was needed to get costs in line.
Even IFS showed a little bit of revenue improvement, which is probably all from internal sales.
Ok, so we have a strategy and it makes sense. Ok... let's see how this plays out