- The company also guided fourth-quarter revenue below Wall Street expectations.
- Shares dropped 9% during Wednesday's session
ADVERTISEMENT
AMD is getting smoked after revenue misses, guidance falls short (AMD)
AMD reported third-quarter earnings after Wednesday's closing bell that topped on profits but missed on sales.
AMD reported third-quarter earnings on Wednesday that beat on profits but missed on sales, sending shares down 20% before
- Adjusted earnings per share:
- $0.13 versus an expected
- Revenue:
- $1.65
- versus an expected $1.7 billion.
- BAML: There are 2 different $3 trillion risks hanging over markets — but there's only one that should really scare investors
- Investors love Amazon's cloud and advertising efforts, but it could have just gotten a big boost from an older business
- Snapchat investors are praying for a 'Twitter-like turnaround'
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
ADVERTISEMENT