• Company News: Advanced Micro (AMD) posts quarterly financials in line with analysts' estimates

Noticias del mercado

31 julio 2019

Company News: Advanced Micro (AMD) posts quarterly financials in line with analysts' estimates

Advanced Micro (AMD) reported Q2 FY 2019 earnings of $0.08 per share (versus $0.14 in Q2 FY 2018), in line with analysts’ consensus estimate.

The company’s quarterly revenues amounted to $1.531 bln (-12.8% y/y), generally in line with analysts’ consensus estimate of $1.523 bln.

The company also issued downside guidance for Q3 FY 2019, projecting revenues of $1.75-1.85 bln versus analysts’ consensus estimate of $1.94 bln.

For the full year 2019, AMD now expects revenue to increase a mid-single-digit percent over 2018, down from high single-digit growth prior and versus analysts’ consensus estimate of +6.3%.

AMD fell to $32.12 (-5.17%) in pre-market trading.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: