Intel (INTC): FY24 Q3 earnings call, Oct 31, 2024

Thu, Oct 31Earnings callSpeaker-labelled transcriptIntel

No Kalshi or Polymarket word markets were listed for Intel’s Oct 31, 2024 earnings call (FY24 Q3). The transcript is searchable below (quotes of at most 25 words).

Updated

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

9 matches for “Restructuring”; 5 quoted, at least 25 words apart.

Patrick Gelsingercompanyprepared

…in Q1 of 2025. Related to our cost and efficiency actions, the restructuring charges we took in Q3 were significant and necessary to right-size the…

David Zinsnercompanyprepared

…negative $2.7 billion. We expect the principal cash cost associated with the restructuring charges to land in Q4 2024. We have $24.1 billion of cash…

David Zinsnercompanyprepared

…with a better cost structure and realize the savings associated with the restructuring actions, we expect operating losses to improve significantly. Additionally, we are intensely…

David Zinsnercompanyprepared

…to execute on our cost actions and portfolio decisions, we expect additional restructuring charges in Q4. We continue to size the business to support trend…

David Zinsnercompanyprepared

…adjusted free cash flow to be negative in 2024 due to the restructuring charges disclosed today and the uncertainty around the timing of capital offsets…

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