Categories AlphaGraphs, Earnings, Technology
AMD Earnings: Advanced Micro Devices Q1 profit, revenue beat estimates
Chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) on Tuesday reported higher earnings and revenues for the first quarter of 2022. The numbers also topped analysts’ estimates.
Adjusted earnings rose to $1.13 per share in the most recent quarter from $0.52 per share in the first quarter of 2021, and came in above the consensus forecast. Net income was $786 million or $0.56 per share, compared to $555 million or $0.45 per share in the prior-year period.
Check this space to read management/analysts’ comments on AMD’s Q1 2022 results
First-quarter revenues moved up to $5.89 billion from $3.45 billion in the corresponding period of last year. The top line also exceeded Wall Street’s prediction.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Alibaba Group (BABA) Q2 2025 Earnings: Key financials and quarterly highlights
Alibaba Group Holding Limited (NYSE: BABA) reported its second quarter 2025 earnings results today. Revenue was $33.7 billion, up 5% year-over-year. Net income attributable to ordinary shareholders grew 58% to
AMAT Earnings: Applied Materials Q4 revenue and profit increase YoY
Applied Materials, Inc. (NASDAQ: AMAT) announced financial results for the fourth quarter of 2024, reporting an increase in revenue and adjusted earnings. Adjusted earnings of the semiconductor technology company increased
What to expect when Target (TGT) reports its Q3 2024 earnings results
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday. The stock has gained 9% over the past three months. The retailer is scheduled to report its earnings results for
