Categories LATEST
AMD Q2 2023 Earnings: Stay tuned for the live earnings call and real-time transcript
The earnings announcement of Advanced Micro Devices Inc (NASDAQ: AMD) is among the main corporate events expected today after the closing bell. The chipmaker is expected to release Q2 2023 results at 4.15 pm ET.
Listen to AMD’s earnings call live and check the real-time transcript
Market watchers forecast that AMD’s adjusted earnings would drop sharply to $0.57 per share in the June quarter from $1.05 per share last year. The estimate for second-quarter revenue is $5.31 billion, which is up around 19% from last year.
In the first quarter of 2023, AMD’s revenues decreased 9% annually to $5.35 billion, hurt by a weak performance by the Data Center and Gaming segments. As a result, adjusted earnings plunged 47% year-over-year to $0.60 per share.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Nike (NKE) looks set to beat hurdles and build a brighter future
Nike, Inc. (NYSE: NKE) has long been ruling the sportswear market but the company had its share of problems when headwinds like the pandemic and economic slowdown hit the business
Electronic Arts (EA): A few points to keep in mind if you have an eye on this gaming company
Shares of Electronic Arts Inc. (NASDAQ: EA) stayed green on Friday. The stock has dropped 7% over the past three months. The video game industry has been facing challenges as
Petros Pharma is focused on establishing mechanisms for Rx-to-OTC switch: CCO Fady Boctor
Petros Pharmaceuticals, Inc. (NASDAQ: PTPI) is a pharma company focused on identifying, developing, and commercializing therapeutics for men's health issues. It operates mainly through the business segments of Prescription Medications