Advanced Micro (AMD) reported Q2 FY 2020 earnings of $0.18 per share (versus $0.08 per share in Q2 FY 2019), beating analysts’ consensus estimate of $0.17 per share.

The company’s quarterly revenues amounted to $1.930 bln (+26.1% y/y), beating analysts’ consensus estimate of $1.856 bln.

The company also issued upside guidance for Q3 and FY 2020. It sees Q3 revenues of $2.55 bln, +/- $100 mln, equating to revenues of $2.45-$2.65 bln versus analysts’ consensus estimate of $2.3 bln. For FY 2020, it predicts revenues growth of 32%, equating to revenues of ~$8.88 bln versus analysts’ consensus estimate of $8.39 bln.

AMD rose to $75.57 (+11.77%) in pre-market trading.