AMD Surpasses Q1 Earnings and Revenue Expectations, Stock Climbs

Reported 1 day ago

AMD exceeded earnings estimates with $0.96 per share and revenue of $7.44 billion in its first quarter, leading to a 7% rise in stock price after hours. The company's guidance for the second quarter, projecting revenue between $7.1 billion and $7.7 billion, further fueled investor optimism despite previous stock declines.

Source: YAHOO

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