Intel Corp Posts Slightly Higher Quarterly Revenue; Beats Estimates (INTC)

Intel Corp (INTC) announced its third quarter earnings after the bell on Tuesday, with revenue and earnings coming in nearly flat compared to last year’s same quarter.

The Santa Clara, CA-based chipmaker posted quarterly revenues of $13.48 billion, which were up slightly from last year’s Q3 figure of $13.46 billion. The company’s earnings came in at $2.95 billion, which were down from last year’s figure of $2.97 billion. On an EPS basis, the company came in flat from last year’s Q3 figure of 58 cents.

Intel was able to beat analysts’ estimates, which had EPS pegged at 54 cents on revenues of $13.47 billion.

INTC shares were down just 6 cents, or 0.26%, at Tuesday’s market close. The company’s stock is up more than 9% YTD.