Close

Advanced Micro Devices (AMD) Tops Q3 EPS by 2c

October 24, 2017 4:22 PM EDT

Advanced Micro Devices (NASDAQ: AMD) reported Q3 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.51 billion.

For the fourth quarter of 2017, AMD expects revenue to decrease approximately 15 percent sequentially, plus or minus 3 percent. The midpoint of guidance would result in fourth quarter 2017 revenue increasing approximately 26 percent year-over-year. AMD now expects annual 2017 revenueto increase by greater than 20 percent, compared to prior guidance of mid-to-high teens percentage.

For earnings history and earnings-related data on Advanced Micro Devices (AMD) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Earnings, Hot Guidance

Related Entities

Earnings