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AMD announced earnings per share of $0.18 on revenue of $1.79 billion. Analysts polled by Investing.com anticipated EPS of $0.18 on revenue of $1.78 billion. That compares to EPS of $0.06 on revenue of $1.27 billion in the same period a year before. AMD had reported EPS of $0.32 on revenue of $2.13 billion in the previous quarter.
AMD shares lost 3.9% in after-hours trade following the report.
Analysts are expecting EPS of $0.21 and revenue of $1.89 billion in the upcoming quarter.
“A shift in consumer behavior in the post-coronavirus world is helping AMD to sustain its growth momentum even in this downturn,” Investing.com’s Haris Anwar said. “Solid demand for gaming consoles, personal computers, and data centers is powering growth in both sales and profitability.”
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
