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AMD earnings beat by $0.01, revenue topped estimates

© REUTERS AMD earnings beat by $0.01, revenue topped estimates

Investing.com – AMD (NASDAQ: ) reported second quarter EPS of $0.58, $0.01 better than the analyst estimate of $0.57. Revenue for the quarter came in at $5.4B versus the consensus estimate of $5.32B.

Guidance

AMD sees Q3 2023 revenue of $5.40B-$6.00B versus the analyst consensus of $5.82B.

AMD’s stock price closed at $117.60. It is up 30.90% in the last 3 months and up 18.44% in the last 12 months.

AMD saw 2 positive EPS revisions and 28 negative EPS revisions in the last 90 days. See AMD’s stock price’s past reactions to earnings here.

According to InvestingPro, AMD’s Financial Health score is “good performance”.

Check out AMD’s , and AMD’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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This article was written by Follow Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment...

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