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Showing posts with label photos. Show all posts
Showing posts with label photos. Show all posts

Thursday, October 22, 2020

Intel (INTC) reported earnings on Thur 22 Oct 20 (a/h)

 ** charts before earnings **

 








** charts after earnings **





 









Intel CEO Bob Swan

Intel reports EPS in-line, revs in-line; guides Q4 EPS in-line, revs in-line, DCG's Enterprise & Govt segment revs down 47%, co guides to sequential decline in non-GAAP op mgn

  • Reports Q3 (Sep) earnings of $1.11 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of $1.11; revenues fell 4.5% year/year to $18.33 bln vs the $18.26 bln S&P Capital IQ Consensus.
    • Non-GAAP operating margin was 29.4% vs prior guidance of 30%.
    • Q3 revenue was ahead of prior expectations driven by continued strength in notebook sales, which helped offset COVID-driven headwinds affecting significant portions of its business.
  • In the Data Center Group (DCG), Cloud revenue grew 15% yr/yr on continued demand to support vital services in a work and learn-at-home environment.
    • At the same time, a weaker economy due to COVID-19 impacted DCG's Enterprise & Government market segment, which was down 47% following two quarters of more than 30%.
    • The pandemic also weighed on Q3 data-centric results in the Internet of Things Group and the memory business (NSG).
    • Mobileye revenue returned to growth in the third quarter as global vehicle production improved.
  • The PC-centric business (CCG) was up 1% yr/yr on continued notebook strength to support the work- and learn-at-home dynamics of COVID-19.
    • In Q3, co launched the world's best processor for thin and light laptops, 11th Gen Intel Core processors with Intel Iris Xe graphics (formerly known as "Tiger Lake").
    • More than 150 designs from major PC makers are in development, including 100 designs expected to be in market by the end of this year with more than 40 verified under the new Intel Evo platform brand.
  • Intel's third 10nm manufacturing facility, which is located in Arizona, is now fully operational and the company now expects to ship 30% higher 10nm product volumes in 2020 compared to January expectations.
  • Co issues in-line guidance for Q4, sees EPS of approx $1.10, excluding non-recurring items, vs. $1.08 S&P Capital IQ Consensus; sees Q4 revs of approx $17.40 bln vs. $17.39 bln S&P Capital IQ Consensus. Co guides to Q4 non-GAAP operating margin of 26.5%.
  • Friday, January 25, 2019

    VALE : a dam burst at Vale mine in Brazil

    • SÃO PAULO—Brazilian iron ore giant Vale SA said Friday a dam burst at its Mina Feijão mining operation in the town of Brumadinho, in the state of Minas Gerais. There was no immediate confirmation of any injuries, the company said.
    • Update Sun 1/27/19:  Alarms sounded early on Sunday near Brumadinho, Brazil signaling dangerously high water levels at a nearby dam within the same complex of the one that ruptured on Friday, killing at least 58 and leaving more than 300 missing, Sky News reported. Heavy rains are said to have put an additional strain on the second dam, and nearly 24,000 people have been ordered to evacuate in case it erupts.
    • Some residents are calling the break a result of negligence on the part of Vale, who administer another dam in the same state as Bruamdinho, Minas Gerais, which ruptured in 2015. Nineteen people were killed and hundreds were displaced from their homes, in what was previously considered the worst environmental disaster in Brazilian history.


    25 January 2019, Brazil, Brumadinho: People observe the mud masses after the break of a dam at the Feijão iron ore mine.

    An aerial view shows a collapsed bridge caused by flooding triggered by a dam collapse near Brumadinho, Brazil, Friday, Jan. 25, 2019.

    An aerial view shows a partially destroyed house after a dam collapsed, in Brumadinho, Brazil, Saturday, Jan. 26, 2019.

    Rescue efforts have been suspended after a devastating dam collapse in Brazil amid fears of a further breach, it was revealed on Sunday (AP Photo/Leo Correa)


    BRASILIA, Jan 25 (Reuters) - Neighbors of an iron ore mine belonging to Brazilian miner Vale SA were evacuated on Friday in southeastern Minas Gerais state, when a tailings dam ruptured, pouring out mud into the surrounding area, the company and authorities said.
    Vale said early indications were that leaked tailings from the Corrego de Feijao mine had spread into its administrative area and to parts of the local community Vila Forteco, near the town of Brumadinho.
    The local authorities and Vale said they had no confirmed reports of fatalities in the area.
    ****

    Luciano Siani Pires, Vale's Chief Financial (since August 2012) (Photo 7 Oct 2020)

    Thursday, August 9, 2018

    =Redfin (RDFN) reported earnings on Thur 9 Aug 2018 (a/h)



    Redfin beats by $0.02, beats on revs; guides Q3 revs below consensus
    • Reports Q2 (Jun) earnings of $0.04 per share, excluding non-recurring items, $0.02 better thanthe Capital IQ Consensus of $0.02; revenues rose 35.9% year/year to $142.6 mln vs the $140.12 mln Capital IQ Consensus and July 17 pre-announcement of $142.1-142.5 mln..
    • Co issues downside guidance for Q3, sees Q3 revs of $137.1-141.3 mln vs. $142.49 mln Capital IQ Consensus Estimate.
    • Third quarter net income between $1.2 million and $2.8 million, compared to net income of $10.6 million in the third quarter of 2017. This guidance includes approximately $5.6 million of expected stock-based compensation, $2.0 million of expected depreciation and amortization, and $1.6 million of interest expense from the convertible notes issued in July 2018.

    Redfin is investing more in Redfin Now, the service whereby Redfin buys homes directly, letting sellers move on with cash in-pocket 
    Redfin structured Redfin Now as an experiment, beginning in the Inland Empire region of Southern California in January 2017, and then expanding to San Diego in June 2017. With the expansion to Orange County, Redfin is committing to the Redfin Now service and expects to offer it to consumers on an ongoing basis.

    Redfin's CEO Glenn Kelman. Prior to joining Redfin, he was a co-founder of Plumtree Software (acquired ny BEA Systems in 2006). (photo 6 Oct 2020)