Advanced Micro Devices (AMD) Reports In-Line Q4 EPS

Advanced Micro Devices (Nasdaq: AMD) reported Q4 EPS of ($0.10), in-line with the analyst estimate of ($0.10). Revenue for the quarter came in at $958 million versus the consensus estimate of $954.74 million.

"AMD closed 2015 with solid execution fueled by the second straight quarter of double-digit percentage revenue growth in our Computing and Graphics segment and record annual semi-custom unit shipments," said Dr. Lisa Su, AMD president and CEO. "While 2015 was challenging from a financial perspective, key R&D investments and a sharpened focus on innovation position us well to deliver great products, improved financial results and share gains in 2016."

Guidance:

AMD also sees Q1 revenue down 14% (+/-3%). It sees Q1 gross margin of 32%. (Q1 expected revenue range is about $795 million to about $853 million, versus the consensus at $900.2 million.)

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

You May Also Be Interested In

• EU proposes to curb Airbnb and short-term rentals amid housing shortage
• Toro (TTC) PT Lowered to $115 at DA Davidson
• UBS Reiterates Buy Rating on PVH Corp (PVH) on Strong Earnings Growth Potential