Intel's Q2 Revenue Holds Steady at $12.9B, Exceeding Analysts' Forecasts

Intel Corporation revealed its second-quarter fiscal year 2025 revenue remained consistent with the previous year at $12.9 billion, surpassing analysts' expectations. Despite this, the company reported a diluted loss per share of $0.67, marking a 76% decrease from the same quarter in 2024.

Net Loss and Future Projections

The tech giant experienced a net loss of $2.9 billion, an 81% annual decline from the $1.6 billion loss in the corresponding quarter of the prior year. Intel anticipates its third-quarter revenue to range between $12.6 and $13.6 billion, with a projected loss per share of $0.24.

CEO's Vision for Intel's Future

"Our operating performance shows the initial steps we're taking to enhance execution and efficiency. We're focused on strengthening our core product portfolio and AI roadmap to better serve our customers, alongside building a more financially disciplined foundry," stated CEO Lip-Bu Tan.

Market Response

Following the announcement, Intel's shares rose by 2.4% in after-hours trading, reaching $22.63 per share.