Intel says an earnings slide may have leaked early, which is why it released results before close

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Intel's earnings beat its own projections, which the company attributed to strong PC sales, especially in the low-end.

On Thursday, financial wires published details of Intel's fourth-quarter earnings results minutes ahead of the markets closing at 4 p.m., when they are usually released.

The stock shot up 3% in the 15 minutes before the markets closed. Intel subsequently gave up most of Thursday's gains in extended trading.Intel CEO Robert "Bob" Swan announces the chip group's new microprocessors called "Tiger Lake" at the technology fair CES in Las Vegas on Jan. 7, 2020.On Thursday, financial wires published details ofminutes ahead of the markets closing at 4 p.m., when they are usually released.

The results showed Intel beating expectations for both revenue and earnings per share. The stock shot up 3% in the 15 minutes before the markets closed. Intel subsequently gave up most of Thursday's gains in extended trading.year-end stats — not a full earnings release — ahead of markets closing on Thursday. Intel ended up publishing its full fourth-quarter results minutes before they were scheduled to be released.

 

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SEC_Enforcement needs to start doing their jobs and issuing fines to companies that do this so as to make an example of the ramifications that will follow if you don’t play by the rules.

So why did it drop soooooo much

So that’s why your charts looked funny intel nice job guys. Might wanna keep tighter controls over who gets those slides. Slidegate is now a thing!

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