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-0.00190910004354102 -0.00573686955439984 -0.0119569950095455 -0.00765075430982925 0.00431102541160482 -0.00190910004354102 0.00239714065617524 0.0057464389781768
Stock impact report

Earnings Results: AMD’s stock rallies after hours as full-year outlook holds out hope [MarketWatch]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: MarketWatch
AMD’s stock rallies after hours as full-year outlook holds out hope Advanced Micro Devices Inc. shares rallied in the extended session Tuesday after the chip maker’s full-year outlook held out some promise, while its revenue and first-quarter outlook missed Wall Street estimates and earnings were in-line. AMD shares AMD, -4.61% rallied 8.7% after hours, following a 4.6% decline to close the regular session at $19.25. In comparison, the S&P 500 SPX, -0.15% closed down 0.2%, the tech-heavy Nasdaq Composite Index COMP, -0.81% closed down 0.8%, and the PHLX Semiconductor Index SOX, -1.45% finished down 1.5%. For 2019, AMD said it expects “high single-digit percentage revenue growth driven by Ryzen, Epyc and Radeon data-center GPU product sales as the company ramps 7nm products throughout the year.” Analysts forecast 2019 revenue of $6.89 billion, or 6.3% higher than AMD’s reported 2018 revenue of $6.48 billion For the first quarter, AMD expects revenue of $1.2 billion to $1.3 Show less Read more
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