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via finance.yahoo.comMarkets

AMD beats Q3 estimates with earnings and revenue above forecasts

FROM THE WIRE · FINANCE.YAHOO.COM

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Advanced Micro Devices Inc. (AMD) on Tuesday reported third-quarter earnings of $2.43 billion. On a per-share basis, the Santa Clara, California-based company said it had net income of $1.46. Earnings, adjusted for one-time…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults beat Wall Street expectations in a key chip segment, with the stock already up strongly this year.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01AMD reported third-quarter earnings of 2.43 billion dollars.
  2. 02Adjusted earnings per share were 2.09 dollars against a 1.94 dollar estimate.
  3. 03Revenue came in at 13.38 billion dollars, above the 13.13 billion forecast.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Advanced Micro Devices, Inc.AMDStock483.90 USDMarket closedtoday +3.65%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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