Advanced Micro Devices (AMD) reports strong Q4 earnings, beating estimates for revenue and EPS

From Nasdaq: 2025-02-04 18:00:15

Advanced Micro Devices (AMD) reported $7.66 billion in revenue for the quarter ended December 2024, a 24.2% increase from the previous year, with an EPS of $1.09 compared to $0.77 a year ago. The company exceeded the Zacks Consensus Estimate for revenue and EPS.

Key metrics for Advanced Micro in the recent quarter show changes in net revenue for Data Center, Embedded, Gaming, and Client segments. The company’s stock has seen a -11.8% return over the past month and currently holds a Zacks Rank #4 (Sell).

A research chief has named a “Single Best Pick to Double” in the stock market, highlighting a company targeting millennial and Gen Z audiences that generated nearly $1 billion in revenue last quarter. This pick is expected to have explosive upside potential.

Investors can access more information on this stock pick and four runners-up, as well as download the latest recommendations from Zacks Investment Research for the next 30 days. Advanced Micro Devices, Inc. (AMD) is also providing free stock analysis reports for interested readers.



Read more at Nasdaq: Advanced Micro (AMD) Reports Q4 Earnings: What Key Metrics Have to Say