Intel INTCRestructuring
Intel reports Q1 revenue of $12.7 billion and starts an efficiency plan
Filed Apr 24, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- First-quarter 2025 revenue was $12.7 billion, flat year over year; loss per share was $0.19.
- Intel announced a plan to streamline the organization and eliminate management layers.
- Operating expense targets are about $17 billion for 2025 and $16 billion for 2026.
- The 2025 gross capital expenditures target is $18 billion, down from $20 billion.
Items reported
- 2.02 Results
- 2.05 Restructuring costs
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.