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AMD Q3 Earnings Beat Estimates, but Disappointing Q4 Guidance

AMD reported its Q3 results on Tuesday. Although the chip maker beat revenue and profit estimates, Q4 guidance was disappointing.

in the 3rd quarter AMD earned 5.8 billion dollar revenue, the profit per share was 0.70 dollars. For the 4th quarter, revenues were forecast at 6.1 billion. in the amount of dollars, which did not meet analysts’ expectations of 6.4 billion. dollars, reports Yahoo Finance.

2023-11-01 09:06:56
#AMD #Beats #Expectations #Forecasts #Dont #Happy

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