From Nasdaq: 2024-07-30 18:00:07

In the quarter ending in June 2024, Advanced Micro Devices (AMD) reported revenue of $5.84 billion, up 8.9% from the previous year, with an EPS of $0.69 compared to $0.58 a year ago. The revenue beat the Zacks Consensus Estimate of $5.71 billion by 2.20%, with EPS beating estimates by 2.99%.

Key metrics assessing Advanced Micro’s performance in the quarter include: Net revenue- Data Center at $2.83 billion, +114.5% YoY, Net revenue- Embedded at $861 million, -41% YoY, Net revenue- Gaming at $648 million, -59% YoY, and Net revenue- Client at $1.49 billion, +49.5% YoY.

Advanced Micro’s stock has decreased by -11.4% over the past month, with a Zacks Rank #3 (Hold). Stay updated on potential market performances with the latest earnings reports and stock recommendations available for download.

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Read more at Nasdaq: Advanced Micro (AMD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates