Advanced Micro Devices AMD reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Advanced Micro Devices beat their estimated earnings by 8.96%, which did not surprise analysts.
Revenue was up $1,512,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09, which was followed by a 7.58% increase in the share price the next day.
Here's a look at Advanced Micro Devices's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.54 | 0.44 | 0.47 | 0.35 |
| EPS Actual | 0.63 | 0.52 | 0.52 | 0.41 |
| Revenue Estimate | 3.62B | 3.21B | 3.02B | 2.56B |
| Revenue Actual | 3.85B | 3.44B | 3.24B | 2.80B |
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