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- Company news: Advanced Micro’s (AMD) quarterly results match analysts' estimates
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31.01.2024
Company news: Advanced Micro’s (AMD) quarterly results match analysts' estimates
Advanced Micro (AMD) reported Q4 FY2023 earnings of $0.77 per share (versus $0.69 per share in Q4 FY2022), matching analysts’ consensus estimate of $0.77 per share.
The company’s quarterly revenues amounted to $6.168 bln (+10.2% y/y), generally in line with analysts’ consensus estimate of $6.126 bln.
The company issued downside Q1 FY2024 revenue guidance of $5.1-5.7 bln versus analysts’ consensus estimate of $5.73 bln.
AMD fell to $163.84 (-4.78%) in pre-market trading.
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