Advanced Micro Devices (AMD) Reports In-Line Q2 EPS; Guides Q3 Revenue
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Oppenheimer Remains Bearish on Advanced Micro Devices (AMD) Following 2Q Results and Guidance
July 17, 2015 9:35 AM EDTOppenheimer reiterated an Underperform rating on AMD (NASDAQ: AMD) following the release of its 2Q15 earnings results. AMD reported relatively in-line 2Q sales and EPS of $942M and ($0.19) respectively. Management guided 3Q sales up 6% to ~$1B.
Analyst Rick Schafer commented, "We are cutting our... More
Wedbush Cut Price Target on Advanced Micro Devices (AMD) Following 2Q Results
July 17, 2015 8:57 AM EDTWedbush maintained a Neutral rating on AMD (NASDAQ: AMD), and cut the price target to $2.00 (from $2.25), following 2Q15 results. Reported EPS was in-line with consensus at $0.17. Revenues of $942MM was slightly below the consensus estimate of $950.51MM. Management guided Q3 revenue up 6%... More
AMD (AMD) 'Sell' Reiterated at UBS on Cash Burn Concerns
July 17, 2015 8:47 AM EDTUBS analyst Stephen Chin reiterated a Sell rating and $2 price target on AMD (NASDAQ: AMD), saying cash burn a concern again as return to profitability pushes out into 2016.
Chin commented, "We maintain a Sell rating on AMD as we remain concerned over... More
Susquehanna Remains Neutral on Advanced Micro Devices (AMD) Following 2Q15 Results
July 17, 2015 7:43 AM EDTSusquehanna maintained a Neutral rating and $2.00 price target on Advanced Micro Devices (NASDAQ: AMD) following 2Q15 results. AMD reported revenue of $942 mln, slightly lower than consensus of $950 mln. EPS was reported at -$0.17, in-line with consensus.
Analyst Chris Caso commented, "AMDs report strikes a... More
