Wed, 30 Oct 2024 12:58:28 GMT
AMD disappoints investors
AMD has reported the firm's quarterly financial results. In general, the firm hit third quarter forecasts, but the stock is dropping due to the firm reducing expectations for the next quarter.
Forecast earnings per share were $0.923, but actual earnings are $0.92. In the meantime, total revenue was $6.819 billion, which is higher than the expected $6.712 billion.