Advanced Micro Devices Q3 2024 GAAP EPS $0.92, Inline, Sales $6.80B Beat $6.71B Estimate
Portfolio Pulse from Benzinga Newsdesk
Advanced Micro Devices (AMD) reported Q3 2024 earnings per share of $0.92, meeting analyst expectations. The company's sales were $6.80 billion, surpassing the $6.71 billion estimate and marking a 17.24% increase from the previous year.
October 29, 2024 | 8:17 pm
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AMD's Q3 2024 earnings per share met expectations at $0.92, while sales exceeded estimates at $6.80 billion, a 17.24% increase from last year.
AMD's earnings per share met expectations, which is neutral, but the sales beat and significant year-over-year growth are positive indicators. This suggests a strong performance and potential positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100