AMD (AMD) Reports Q3 EPS of $0.67, Guidance Misses

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Advanced Micro Devices Shares Rise After Q3 Release - Misses Q4 Guidance Expectations

November 1, 2022 4:35 PM EDT

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares initially fell after the close Tuesday following its third-quarter earnings report, which saw it miss earnings and revenue expectations.

The semiconductor firm reported third-quarter earnings per share of $0.67, below the analyst consensus estimate of $0.68, with revenue for the quarter coming in at $5.6 billion versus the consensus estimate of... More