India, April 23 -- Intel Corporation (INTC) reported a first-quarter net loss of $3.73 billion or $0.73 per share, compared to a loss of $821 million or $0.19 per share last year.

Adjusted earnings for the quarter were $0.29, up from $0.13 per share last year.

Net revenues for the quarter were $13.58 billion, up 7% from $12.67 billion last year.

Looking forward to the second quarter, the company expects revenue of $13.8 billion to $14.8 billion, earnings per share of $0.08 and adjusted earnings per share of $0.20.

For comments and feedback contact: editorial@rttnews.com

Published by HT Digital Content Services with permission from RTT News....