Intel Exec Said Co Sees Q1 As The Bottom And Expects Sequential Revenue Growth Throughout The Year And Into 2025- Conf Call
Portfolio Pulse from Charles Gross
During a conference call, an Intel executive stated that the company anticipates Q1 to be the lowest point for its revenue, with expectations of sequential revenue growth throughout the year and into 2025.
April 25, 2024 | 9:15 pm
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Intel expects Q1 to be the bottom for its revenue, with a forecast for sequential growth throughout the year and into 2025.
The statement from the Intel executive directly impacts investor sentiment by providing a positive outlook on the company's revenue growth. This is likely to instill confidence in investors about Intel's future performance, potentially leading to an increase in stock price in the short term as the market reacts to the optimistic revenue growth forecast.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100