Advanced Micro: Q4 Financial Results Overview
AMD Announces Strong Fourth-Quarter Earnings
Advanced Micro Devices Inc. (AMD), headquartered in Santa Clara, California, revealed on Tuesday that it achieved a net profit of $1.51 billion for the fourth quarter.
The company reported earnings of 92 cents per share, while adjusted earnings—which exclude certain one-time items—reached $1.53 per share.
These results surpassed analysts’ expectations. According to Zacks Investment Research, the consensus estimate from 16 analysts was $1.32 per share.
AMD’s revenue for the quarter totaled $10.27 billion, exceeding the $9.67 billion forecasted by 15 analysts surveyed by Zacks.
Looking ahead, AMD anticipates revenue between $9.5 billion and $10.1 billion for the quarter ending in March.
Since the start of the year, AMD’s stock price has risen by 13%. By the close of trading on Tuesday, shares reached $242.11, marking a more than twofold increase over the past year.
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