AMD Earnings, Income Beat in Q1 By


© Reuters. AMD Earnings, Income Beat in Q1 – AMD reported on Tuesday first quarter that beat analysts’ forecasts and income that topped expectations.

AMD introduced earnings per share of $0.52 on income of $3.45B. Analysts polled by anticipated EPS of $0.4357 on income of $3.18B.

AMD shares are up 10% from the start of the 12 months, nonetheless down 14.11% from its 52 week excessive of $99.21 set on January 11. They’re under-performing the Dow Jones which is up 11.04% from the beginning of the 12 months.

AMD shares gained 3.27% in after-hours commerce following the report.

AMD follows different main Expertise sector earnings this month

AMD’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $1.95 on income of $41.71B, in comparison with forecasts EPS of $1.78 on income of $41.04B.

Alphabet C had beat expectations on Tuesday with first quarter EPS of $26.29 on income of $55.31B, in comparison with forecast for EPS of $15.71 on income of $51.36B.

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