AMD Reports Fourth Quarter and Annual 2018 Financial Results
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January 30, 2019 7:10 AM EST
Rosenblatt analyst Hans Mosesmann raised the price target on AMD (NASDAQ: AMD) to $42.00 (from $40.00) while maintaining a Buy rating.
Mosesmann commented, "4Q18 was roughly as expected with the guide for 1Q19 down 12% q/q on GPU channel. Gross margins... More
January 30, 2019 6:54 AM EST
Susquehanna analyst Christopher Rolland raised the price target on AMD (NASDAQ: AMD) to $22.00 (from $18.00) while maintaining a Neutral rating.
Rolland commented, "As previewed, 1Q19 guidance missed significantly. However, FY 19 guidance implying 2H hyper-growth was unexpected. Raising estimates and price target, but... More
January 29, 2019 4:16 PM EST
Advanced Micro Devices (NASDAQ: AMD) reported Q4 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.45 billion.
GUIDANCE:
Advanced Micro Devices sees Q1 2019 revenue of $1.25 billion, versus the consensus of $1.48 billion.
For the first quarter of 2019,...
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