AMD earnings report Q3 2023


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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