Company News: Advanced Micro (AMD) quarterly results beat analysts’ estimates

Market news

28 July 2021

Company News: Advanced Micro (AMD) quarterly results beat analysts’ estimates

Advanced Micro (AMD) reported Q2 FY 2021 earnings of $0.63 per share (versus $0.18 per share in Q2 FY 2020), beating analysts’ consensus estimate of $0.54 per share.

The company’s quarterly revenues amounted to $3.850 bln (+99.3% y/y), beating analysts’ consensus estimate of $3.612 bln.

AMD rose to $92.45 (+1.56%) in pre-market trading.

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