AMD (AMD) Tops Q1 EPS by 22c, Raises Guidance

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Go back to AMD (AMD) Tops Q1 EPS by 22c, Raises Guidance

AMD (AMD) Jumps on Beat-and-Raise Earnings as Revenues Rise 71% Amid Xilinx Deal

May 3, 2022 4:54 PM EDT

AMD (NASDAQ: AMD) shares gained over 5% after-hours Tuesday following a strong beat-and-raise first quarter.

Non-GAAP net income for Q1 was $1.13 per share, well above the consensus of $0.91. Revenue rose 71% to $5.9 billion and included partial quarter financial results from the Xilinx merger.

"The... More