© Reuters. AMD Earnings, Revenue beat in Q2
Investing.com – AMD reported on Tuesday second quarter that beat analysts’ forecasts and revenue that topped expectations.
AMD announced earnings per share of $0.63 on revenue of $3.85B. Analysts polled by Investing.com anticipated EPS of $0.5414 on revenue of $3.62B.
AMD shares are up 10% from the beginning of the year and are trading at $91.41 , down-from-52-week-high.They are under-performing the Jones which is up 14.55% from the start of the year.
AMD shares gained 0.42% in after-hours trade the report.
AMD follows other major Information Technology sector earnings this month
AMD’s report follows an earnings beat by Apple on Tuesday, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.26B.
Microsoft had beat expectations on Tuesday with fourth quarter EPS of $2.17 on revenue of $46.15B, compared to forecast for EPS of $1.91 on revenue of $44.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.