a hacker gained unauthorized access to sensitive data tied to its earnings report that was set to be published after the market close on Thursday. But upon finding out about the attack, the chipmaker released its results six minutes before the market close.was hacked off of our PR newsroom site," Davis told the newspaper."We put our earnings out as soon as we were aware.
Intel's fourth-quarter results exceeded investor expectations and beat the company's own forecast on the back of strong PC sales. The chipmaker saw quarterly revenue fall 1% year-on-year to $20 billion, but still beat the $17.49 billion estimate of analysts polled by Refinitiv. Net income for the quarter came in at $1.52 per share, compared to $1.10 expected.
Intel's shares closed up almost 7% at $62.46 on Thursday, but erased gains after the reported hacker's access to information.
good