October 29, 2024

Advanced Micro Devices reported third-quarter results Tuesday, with earnings in line with forecasts and revenue that slightly beat expectations.

Here's how the company did, compared with LSEG estimates for the quarter ending Sept. 28:

• Earnings per share: 92 cents adjusted vs. 92 cents expected

• Revenue: $6.82 billion vs. $6.71 billion expected

AMD said its important data center business doubled in sales for the second quarter in a row, but overall revenue guidance for the fourth quarter was in line with consensus expectations.

Read more:

https://www.cnbc.com/2024/10/29/amd-earnings-report-q3-2024.html