Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019.
David Paul Morris | Bloomberg | Getty Images
AMD stock was flat in extended trading after the company announced revenue and earnings that beat Wall Street’s already high expectations for the chipmaker.
Here’s how AMD did versus Wall Street expectations:
- EPS: $0.52, adjusted, versus $0.47 according to Refinitiv consensus estimates
- Revenue: $3.24 billion, versus $3.03 billion according to Refinitiv consensus estimates
AMD also provided a strong forecast for the…