Earnings

AMD earnings Q2 2020

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Lisa Su, CEO, AMD

Scott Mlyn | CNBC

AMD shares rose as much as 10% in extended trading on Tuesday after the company upgraded its revenue guidance for the current year as part of its second-quarter earnings results.

Here’s how the company did: 

  • Earnings: 13 cents per share, adjusted, vs. 16 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $1.93 billion, vs. $1.86 billion as expected by analysts, according to Refinitiv.

The chip-maker’s revenue grew 26% year over year in the quarter, which ended on June 27, according to a statement. Revenue from the computing and graphics category that includes chips and graphics processing units for desktop PCs and laptops came to…



Source cnbc.com

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