Advanced Micro Devices (AMD) Tops Q1 EPS by 1c, Offers Q2 Guidance
Get Alerts AMD Hot Sheet
Price: $180.69 +0.61%
Revenue Growth %: +0.9%
Financial Fact:
Gross margin: 59M
Today's EPS Names:
SHIM, KOD, HEWA, More
Revenue Growth %: +0.9%
Financial Fact:
Gross margin: 59M
Today's EPS Names:
SHIM, KOD, HEWA, More
Join SI Premium – FREE
Advanced Micro Devices (NASDAQ: AMD) reported Q1 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.26 billion.
GUIDANCE:
Advanced Micro Devices sees Q2 2019 revenue of $1.52 billion, versus the consensus of $1.52 billion.
- For the second quarter of 2019, AMD expects revenue to be approximately $1.52 billion, plus or minus $50 million, an increase of approximately 19 percent sequentially and a decrease of approximately 13 percent year-over-year. The sequential increase is expected to be driven by growth across all businesses. The year-over-year decrease is expected to be primarily driven by lower graphics channel sales, negligible blockchain-related GPU revenue and lower semi-custom revenue. AMD expects non-GAAP gross margin to be approximately 41 percent in the second quarter of 2019.
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
- Walgreens Boots Alliance (WBA) Tops Q2 EPS by 38c, Offers Guidance
- Rex American Resources Corp. (REX) Tops Q4 EPS by 48c
- NRx Pharmaceuticals (NRXP) Reports Prelim FY23 Results
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Earnings, Hot GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!