Intel Corp Q2 2022 Earnings Call Summary - Thomson StreetEvents

Intel Corp Q2 2022 Earnings Call Summary

Intel Corp Q2 2022 Earnings Call Summary - Thomson StreetEvents
Intel Corp Q2 2022 Earnings Call Summary
Published Jul 28, 2022
20 pages (12021 words) — Published Jul 28, 2022
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of INTC.OQ earnings conference call or presentation 28-Jul-22 9:00pm GMT

  
Brief Excerpt:

...A. Highlights: While Co. continues to make solid progress on its strategy, results were disappointing. 1. Below standards Co. has set for INTC. a. b. Below commitments Co. has made to shareholders. 2. Though the sudden and rapid decline in economic activity was the largest driver of shortfall, 2Q also reflected Co.'s own execution issues in areas like: Product design. a. b. DCAI. c. Ramp of AXG offerings. 3. Co. has an obligation to remain vigilant and to respond to the changing business conditions while not losing sight of its long-term goals and opportunities. Co. will look to do both by adjusting and refocusing spending levels in the near-term at the same time as it accelerate the deployment of its: a. Smart capital strategy. i. ii. Improve product execution. b. Collectively, these actions will begin to show dividends in 2H22 by: i. Allowing to return GMs to target range by 4Q. ii. Maintaining initial free cash flow outlook for 2022. 4. While still early in journey, Co. remains laser-focused...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Intel Corp
Ticker
INTC.OQ
Time
9:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Intel Corp Q2 2022 Earnings Call Summary" Jul 28, 2022. Alacra Store. May 15, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Intel-Corp-Earnings-Call-B15261291>
  
APA:
Thomson StreetEvents. (2022). Intel Corp Q2 2022 Earnings Call Summary Jul 28, 2022. New York, NY: Alacra Store. Retrieved May 15, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Intel-Corp-Earnings-Call-B15261291>
  
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