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Intel Corporation 2Q 17, First Solar, Inc. 2Q 17 Earnings Reported

Intel (INTC) 2Q 17 earnings and First Solar (FSLR) 2Q 17 earnings were released after closing bell tonight. Intel reported non-GAAP earnings of 72 cents per share on $14.8 billion in revenue, while analysts had expected non-GAAP earnings of 68 cents per share on $14.4 billion in revenue. In last year’s second quarter, the chip maker reported 59 cents per share on $13.5 billion in sales.

First Solar posted non-GAAP earnings of 64 cents per share on $623 million in net sales, compared to the consensus estimates of 1 cent per share in losses and $556.4 million in revenue. Management had guided for a breakeven quarter, so clearly Wall Street isn’t expecting much, although Deutsche Bank predicted a huge beat.

Intel 2Q 17 earnings

By The original uploader was VD64992 at English Wikipedia [Public domain], via Wikimedia Commons

On a GAAP basis, Intel 2Q 17 earnings rose to 58 cents per share from 27 cents per share last year...