| | | Saw that--was about to post. Up to around $128 just before the call begins. Huge earnings beat, DC revenue doubled, guidance great. The band plays on.
Advanced Micro Devices Q4 Results Top Expectations; Q1 Sales Guidance Set Above Street View -- Shares Climb
MT NEWSWIRES 4:37 PM ET 2/1/2022
Symbol Last Price Change | AMD | 116.78 | +2.53 (+2.2144%) | | QUOTES AS OF 04:00:00 PM ET 02/01/2022 |
04:37 PM EST, 02/01/2022 (MT Newswires) -- Advanced Micro Devices(AMD) shares were 8% higher in after-hours trading after the chipmaker reported fourth-quarter non-GAAP EPS of $0.92 per share, up from $0.52 per share a year ago, and above the Capital IQ-compiled consensus estimate of $0.76 per share.
Total revenue for the period increased by 49% to $4.83 billion from $3.24 billion, beating the estimated $4.52 billion.
For Q1, the company forecasts revenue to be approximately $5.0 billion, plus or minus $100 million, above the consensus estimate of $4.33 billion.
For FY22, revenue is expected to increase 31% YoY to $21.5 billion, beating the estimates compiled by Capital IQ of $19.26 billion.
Price: 126.18, Change: +9.4, Percent Change: +8.05 |
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