Intel Corp. posted strong second-quarter financial results Thursday in its first report since the resignation of its Chief Executive Brian Krzanich last month.

The chipmaker reported a net profit of $5 billion, or $1.05 per share, for the quarter. Earnings before certain costs such as stock compensation came in at $1.04 per share on revenue of $17 billion. That was up 15 percent from the same period a year ago.

The results breezed past analyst’s expectations. Wall Street was hoping for a profit of 96 cents per share on revenue of $16.8 billion.

The company also raised its guidance, but it wasn’t enough to satisfy shareholders as its share price fell by more than 5.5 percent in after-hours trading on lower-than-expected growth in its data center unit and possibly a lack of clarification on its 2019 product roadmap.

Update: On Friday, Intel’s shares fell 8.6 percent. Coupled with Facebook’s 19 percent swoon Thursday and Twitter’s 20.5 percent drop Friday on disappointing user growth, Intel pulled nearly the entire tech sector down. The Nasdaq index was down about 1.6 percent.

Intel did everything right by its numbers. The company saw revenue grow across all of its major businesses. Its data center unit pulled in $5.5 billion during the quarter, a gain of 27 percent from a year ago, though the division came in just shy of analysts’ targets. The firm’s “internet of things” division also posted solid 22 percent growth, delivering $880 million in revenue.

Intel said its data centric businesses together now account for almost 50 percent of its total revenue.

Intel’s biggest business, its Client Computing Group, which sells computer processing units for personal computers, raked in $8.73 billion in revenue for the quarter. That’s up 6 percent from a year ago and above the Wall Street consensus of $8.48 billion.

Shareholders were seemingly looking at more than just the numbers, however. They may have been upset that Bob Swan, Intel’s chief financial officer and interim CEO, failed to provide any updates on the search for a new leader.

Krzanich resigned his position last month following the revelation that he had a “past consensual relationship” with an employee, which was a “violation of Intel’s non-fraternization policy,” the company said at the time. Intel’s board of directors later said it has a “robust succession planning process in place” and was beginning its search for a new and permanent CEO, but little has been said since.

Swan did take time to heap praise on Krzanich during Thursday’s earnings call, noting the investments he made during his tenure had set Intel on course for transformation. “Even more importantly, he developed the right strategy and leadership team to carry that transformation forward while we conduct the CEO search,” Swan said.

Swan also took time to update investors on the company’s newest products under development, saying its 10-nanometer process yields are “on track” for systems expected to come to market in the second half of 2019. Murthy Renduchintala, president of Intel’s Technology, Systems Architecture and Client Group, added that client computing products based on the 10nm process would become available in 2019, with data center products coming shortly after.

Patrick Moorhead, principal analyst at Moor Insights & Strategy, said the quarter was a successful one for Intel even if investors didn’t feel the same way.

“Intel had a great Q2 with record revenue overall at $17 billion,” Moorhead said. “Every business unit posted gains of between 6 and 27 percent. The only blemish was that desktop units are down, though the average selling prices was up.”

Moorhead said the quarter demonstrates the diversity of Intel’s business, adding that the main reason its stock price declined was because investors were hoping for stronger growth in its data center business.

“Intel also provided granularity on 10nm, saying products would be on the shelf in the second half of 2019, which meets its prior guidance,” Moorhead said. “We still need to know if that is Q3 or Q4 which makes a big difference between hitting the full or partial western holiday.”

Intel posted strong guidance for the current quarter and also raised its full-year guidance. The company is aiming for earnings of $1.15 per share on revenue of $18.1 million in the third quarter, above Wall Street’s consensus of $1.08 per share on revenue of $17.7 billion.

For the full year, Intel now says it’s expecting earnings per share of $4.15 on revenue of $69.5 billion. Previously it said it was hoping for earnings of $3.55 per share on revenue of $65 billion.

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