AMD Reports 2016 Third Quarter Results
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Mizuho Securities Remains Sidelined on Advanced Micro Devices (AMD) Following 3Q Beat
October 21, 2016 9:32 AM EDTMizuho Securities reiterated a Neutral rating and $7.00 price target on Advanced Micro Devices (NASDAQ: AMD) following the company's 3Q earnings report. AMD reported 3Q16 revenue and EPS of $1.3B and $0.03 (versus consensus of $1.2B/$0.00).
Analyst Vijay Rakesh commented, "AMD reported 3Q16 Rev/EPS... More
AMD (AMD) Q3 'Solid' - Jefferies
October 21, 2016 7:46 AM EDTJefferies analyst Mark Lipacis reiterated a Buy rating and $9 price target on AMD (NASDAQ: AMD) following solid Q3 results, which confirmed the turnaround is in progress.
Lipacis commented, "3Q revs beat by 7% and EPS of $0.03 beat consensus of $0.00. The 4Q rev outlook for $1.07... More
AMD (AMD) Posts Q3 Operating EPS of 3c; Sees Q4 Revenue Down Sequentially
October 20, 2016 4:16 PM EDTAdvanced 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... More
