AMD Earnings, Revenue beat In Q3

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AMD Earnings, Revenue beat In Q3
Credit: © Reuters.

Investing.com - AMD reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

AMD announced earnings per share of $0.73 on revenue of $4.31B. Analysts polled by Investing.com anticipated EPS of $0.6627 on revenue of $4.11B.

AMD shares are up 22% from the beginning of the year and are trading at $123.60 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 21.8% from the start of the year.

AMD shares gained 0.55% in after-hours trade the report.

AMD follows other major Technology sector earnings this month

AMD's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.84 on revenue of $63.47B.

Facebook had beat expectations on Monday with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.58B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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