Earnings

AMD earnings Q4 2022

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AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada.

Robyn Beck | AFP | Getty Images

AMD reported fourth-quarter earnings on Tuesday, beating Wall Street expectations for sales and profit, but guided analysts to a 10% decline in year-over-year sales in the current quarter. The stock rose over 2% in extended trading. Here’s how the company did versus Refinitiv consensus estimates for the quarter ending in December:

  • EPS: $0.69, adjusted, versus $0.67 per share expected
  • Revenue: $5.6 billion, versus $5.5 billion expected

AMD said it expected $5.3 billion in sales in the current quarter, slightly lower than…



Source cnbc.com

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