AMD Q2 Earnings Beat Estimates, Shares Up on Strong Q3 View
AMDAMD(AMD) ZACKS·2024-08-01 03:15

Advanced Micro Devices (AMD) reported second-quarter 2024 non-GAAP earnings of 69 cents per share, beating the Zacks Consensus Estimate by 2.99%. The figure surged 19% year over year. Revenues of $5.84 billion beat the Zacks Consensus Estimate by 2.2% and increased 9% year over year, as well as 7% sequentially. The top-line growth benefited from robust Data Center and Client revenues that fully offset sluggishness in the Gaming and Embedded segments.AMD shares were up roughly 9.41% in pre-market trading, gi ...