Advanced Micro Devices (AMD) Q3 earnings beat estimates with revenue and EPS increase.

From Nasdaq: 2024-10-29 18:30:14

Advanced Micro Devices (AMD) reported $6.82 billion in revenue for the quarter ended September 2024, with a 17.6% year-over-year increase. EPS was $0.92, up from $0.70 a year ago. Revenue surpassed the Zacks Consensus Estimate by 1.59% and EPS exceeded estimates by 1.10%.

Key metrics for Advanced Micro in the last quarter include Net revenue: Data Center $3.55B (+122.1% YoY), Embedded $927M (-25.4% YoY), Gaming $462M (-69.3% YoY), and Client $1.88B (+29.5% YoY). The stock performance shows a -2.5% return over the past month with a Zacks Rank of #4 (Sell).

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Read more at Nasdaq: Compared to Estimates, Advanced Micro (AMD) Q3 Earnings: A Look at Key Metrics