Advanced Micro Devices (AMD) posted fourth-quarter revenue and adjusted earnings that beat expectations, but data center sales came up short.
Advanced Micro Devices (AMD) stock is climbing in extended-hours trading after topping fourth quarter earnings estimates, reporting revenue of $7.66 billion (vs. estimates of $7.54 billion) and adjusted earnings per share that were in line at $1.09.
Christopher Rolland, Susquehanna Senior Analyst, joins 'Closing Bell Overtime' to talk AMD earnings.
Semiconductor designer Advanced Micro Devices (AMD) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 4, that beat analysts consensus estimates. The results highlight a robust quarter, showcasing record revenue growth of 24.2% year over year, thanks largely to its Data Center and Client segments.
Advanced Micro Devices reported revenue of $7.658 billion for the fourth quarter, up 24% from a year ago.
AMD Inc. (AMD) ticked lower despite reporting record fourth quarter revenue and gross margins. George Tsilis joins Caroline Woods to break down the excitement that initially drove the stock higher and why it can't escape recent consolidation.
Chipmaker AMD beat estimates for the fourth quarter and guided higher than views for the current period. The post AMD Delivers Modest Beat-And-Raise Q4 Report.
CNBC's Kristina Partsinevelos talks AMD earnings.
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024.
Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) reported fourth-quarter financial results that exceeded market expectations, but its stock see-sawed in after-hours trading. The company posted adjusted earnings per share of $1.09, in line with analyst estimates, while revenue came in at $7.66 billion, surpassing the projected $7.54 billion.
Advanced Micro Devices forecast first-quarter revenue above Wall Street estimates on Tuesday, betting on strong demand for its AI chips as Wall Street's technology heavyweights build infrastructure to dominate the emerging technology.
The company reports results after Tuesday's closing bell.