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Intel released financial reports for fourth quarter and full year of fiscal 2020 a few minutes before stock market closed

According to the news, Intel’s CFO George Davis said that a hacker stole sensitive financial information from the company’s website on January 21, and the company was forced to release performance reports earlier than before.

Davis did not provide more details, but he said that the financial information leakage was the result of illegal actions and did not involve the company’s inadvertent disclosure. Intel has not yet commented. Intel today launched its fourth quarter and full-year financial report for the fiscal year 2020 just a few minutes before the stock market closes.

The report shows that Intel’s fourth-quarter revenue was US$19.978 billion, a decrease of 1% compared to US$20.209 billion in the same period last year, net profit was US$5.857 billion, a reduction of 15% compared to US$6.905 billion in the same period last year.

(Source)

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