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-0.00336215177713738 -0.00768491834774256 -0.0019212295869356 -0.0028818443804034 0.0139289145052833 0.00624399615754078 0.00528338136407298 0.00384245917387137
Stock impact report

AMD shares rise after earnings meet targets; revenue, outlook miss estimates [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 shares rise after hours even as revenue, outlook miss Street view Advanced Micro Devices Inc. AMD, -4.61% shares rose in the extended session Tuesday even after the chip maker's revenue and outlook missed Wall Street estimates while earnings were in-line. AMD shares rose 4.8% after hours, following a 4.6% decline to close the regular session at $19.25. The company reported fourth-quarter net income of $38 million, or 4 cents a share, compared with a loss of $19 million, or 2 cents a share, in the year-ago period. Adjusted earnings were 8 cents a share. Revenue rose to $1.42 billion from $1.34 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 8 cents a share on revenue of $1.44 billion. For the first quarter, AMD expects revenue of $1.2 billion to $1.3 billion, while analysts have forecast revenue of $1.65 billion. Investor expectations may have been for the worse following a revenue warning from rival Nvidia Corp. NVDA, -4.64% on Monday. Show less Read more
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