Advanced Micro (AMD) reported Q4 FY 2020 earnings of $0.52 per share (versus $0.32 per share in Q4 FY 2019), beating analysts’ consensus estimate of $0.30 per share.
The company’s quarterly revenues amounted to $3.244 bln (+52.5% y/y), beating analysts’ consensus estimate of $3.025 bln.
The company also issued upside guidance for Q1 FY 2021, projecting revenues of ~$3.1-3.3 bln versus analysts’ consensus estimate of $2.73 bln.
For the full FY2021, the company guided revenues of ~+37% y/y, which implies $13.4 bln versus analysts’ consensus estimate of $9.72 bln.
AMD fell to $92.00 (-2.86%) in pre-market trading.