AMD Sees Q3 2023 Revenue ~$5.7B +/- $300M Vs $5.82B Est
Portfolio Pulse from Benzinga Newsdesk
AMD has projected its Q3 2023 revenue to be around $5.7 billion, which is lower than the estimated $5.82 billion.
August 04, 2023 | 10:24 am
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AMD's projected Q3 2023 revenue of $5.7 billion is lower than the estimated $5.82 billion, which could negatively impact its stock price.
AMD's lower than expected revenue projection for Q3 2023 could lead to a decrease in investor confidence, potentially causing a drop in its stock price. The news is highly relevant as it directly pertains to AMD's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100