Advanced Micro Devices Q4 Tops Estimates; Sets Q1 Guidance

MT Newswires Live
05 Feb

Advanced Micro Devices (AMD) on Tuesday reported Q4 non-GAAP earnings of $1.09 per diluted share, up from $0.77 a year ago.

Analysts polled by FactSet expected $1.08.

Revenue for the quarter ended Dec. 28 was $7.66 billion, up from $6.17 billion a year earlier.

Analysts polled by FactSet expected $7.53 billion.

The chipmaker said it expects Q1 revenue of about $7.1 billion, plus or minus $300 million. Analysts expect about $7 billion.

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