Earnings

AMD earnings report Q3 2023

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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 third-quarter earnings on Tuesday that beat analyst expectations, though the chipmaker issued a weaker-than-expected forecast.

Here’s how the company did versus LSEG (formerly Refinitiv) consensus estimates for the quarter ended in September:

  • EPS: 70 cents, adjusted, versus 68 cents expected
  • Revenue: $5.8 billion, versus $5.7 billion expected

For the fourth quarter, AMD said it expects about $6.1 billion in sales, while analysts were looking for revenue of $6.37 billion.

AMD is one of the few chipmakers…



Source cnbc.com

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