AMD (AMD) Posts Q3 Operating EPS of 3c; Sees Q4 Revenue Down Sequentially

Advanced Micro Devices (NASDAQ: AMD) reported Q3 operating EPS of $0.03, $0.03 better than the analyst estimate of $0.00. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.21 billion.

Guidance:

For Q4 2016, AMD expects revenue to decrease 18 percent sequentially, plus or minus 3 percent. The midpoint of guidance would result in Q4 2016 revenue increasing approximately 12 percent year-over-year and 2016 revenue increasing 6 percent from 2015.

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

You May Also Be Interested In

• Kura Sushi (KRUS) Tops Q3 EPS by 3c; offers outlook
• Principal Financial Group to acquire Beam Benefits, a small-business insurer
• Raymond James Starts Park National (PRK) at Market Perform