Investing.com – AMD reported third quarter that matched analysts’ expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.18 on revenue of $1.80B. Analysts polled by Investing.com forecast EPS of $0.18 on revenue of $1.81B. That compared to EPS of $0.13 on revenue of $1.65B in the same period a year earlier. The company had reported EPS of $0.08 on revenue of $1.53B in the previous quarter.
AMD shares gained 3.81% to trade at $34.31 in after-hours trade following the report.
AMD follows other major Technology sector earnings this month
On October 23, Microsoft reported first quarter EPS of $1.38 on revenue of $33.06B, compared to forecasts of EPS of $1.25 on revenue of $32.15B.
Alphabet C earnings missed analysts’ expectations on Monday, with third quarter EPS of $10.12 on revenue of $40.5B. Investing.com analysts expected EPS of $12.28 on revenue of $40.3B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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