AMD rises after meeting earnings expectations but revenue misses

AMD rises after meeting earnings expectations but revenue misses

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/29/amd-jumps-after-meeting-earnings-expectations.html

Shares of AMD jumped as much as 8 percent in after hours trade following earnings results.

The semiconductor company reported earnings in line with expectations, but revenue fell short. AMD reported earnings of 8 cents per share on revenue of $1.42 billion. Wall Street had projected earnings per share of 8 cents on $1.44 billion in revenue, according to Refinitiv consensus estimates.

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