AMD falls despite beating Q4 estimates

AMD falls despite beating Q4 estimates

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/01/30/amd-earnings-q4-2017.html

AMD stock fell as much as 7 percent but then rebounded after hours on Tuesday after the company reported better-than-expected earnings for the fourth quarter of 2017. The company will hold a conference call with analysts at 5 p.m. Eastern time.

With respect to guidance, AMD said in a statement that it's expecting a 32 percent increase in revenue based on new accounting standards. Analysts were expecting an increase of 26.8 percent for the first quarter, according to Thomson Reuters.

AMD falls despite beating Q4 estimates

Jan 30, 2018, 10:15pm UTC
https://www.cnbc.com/2018/01/30/amd-earnings-q4-2017.html >AMD stock fell as much as 7 percent but then rebounded after hours on Tuesday after the company reported better-than-expected earnings for the fourth quarter of 2017. The company will hold a conference call with analysts at 5 p.m. Eastern time. >With respect to guidance, AMD said in a statement that it's expecting a 32 percent increase in revenue based on new accounting standards. Analysts were expecting an increase of 26.8 percent for the first quarter, according to Thomson Reuters.