© Reuters. AMD Earnings, Revenue beat in Q2
Investing.com – AMD reported on Tuesday second quarter that beat analysts’ forecasts and revenue that topped expectations.
AMD announced earnings per share of $0.63 on revenue of $3.85B. Analysts polled by Investing.com anticipated EPS of $0.5414 on revenue of $3.62B.
AMD shares are up 10% from the beginning of the year and are trading at $91.41 , down-from-52-week-high.They are under-performing the Jones which is up 14.55% from the start of the year.
AMD shares gained 0.42% in after-hours trade the report.
AMD follows other major Information Technology sector earnings this month
AMD’s report follows an earnings beat by Apple on Tuesday, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.26B.
Microsoft had beat expectations on Tuesday with fourth quarter EPS of $2.17 on revenue of $46.15B, compared to forecast for EPS of $1.91 on revenue of $44.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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