Intel shows signs of progress in the face of another revenue decline - MarketWatch

1. Intel's quarterly revenue declined, but adjusted gross margin improved to 42.1%. 2. Guided revenue forecast of $11.7B to $12.7B falls short of expectations. 3. Revenue from client computing fell 9%, but outperformed analyst estimates. 4. Net loss of $126 million contrasts with $2.67 billion net income last year. 5. Cost-reduction plan is yielding results, with expectations for improved performance.