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
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
