AMD rose more than 3% in premarket trading

Tiger Newspress2021-04-28

AMD rose more than 3% in premarket trading.Q1 net profit exceeded expectations, and revenue rose by 93% year-on-year.

AMD Earnings, Revenue Beat in Q1

AMD reported on Tuesday first quarterearningsthat beat analysts' forecasts and revenue that topped expectations.

AMD announced earnings per share of $0.52 on revenue of $3.45B. Analysts polled by Investing.com anticipated EPS of $0.4357 on revenue of $3.18B.

AMD shares are up 10% from the beginning of the year, still down 14.11% from its 52 week high of $99.21 set on January 11. They are under-performing the Dow Jones which is up 11.04% from the start of the year.

AMD follows other major Technology sector earnings this month

AMD's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $1.95 on revenue of $41.71B, compared to forecasts EPS of $1.78 on revenue of $41.04B.

Alphabet C had beat expectations on Tuesday with first quarter EPS of $26.29 on revenue of $55.31B, compared to forecast for EPS of $15.71 on revenue of $51.36B.

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Comments

TaiWoeiHaur
2021-05-01
TaiWoeiHaur
Best
Tan123
2021-04-29
Tan123
regret not buying this in 2015
Bustylibra
2021-04-29
Bustylibra
AMD #atw
Wendy123
2021-04-28
Wendy123
[Smile]
CW8
2021-04-28
CW8
Yay
WeiweiWei
2021-04-28
WeiweiWei
Like and comment
- StanpaiReplyWeiweiWei:
  thx
- WeiweiWei:
  Comment
- Stanpai:
  pls like and comment this too thx

Leave a comment

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