🔥 $AMD.US Beats Expectations, Stock Jumps 9%+ After Hours! Q3 Revenue Up 45%, Data Center Nearly Doubles, Q4 Guidance Set at $17 Billion 🚀
✍️ Avoiding Intel’s Fate: AMD Q3 Revenue Beats Expectations, Up 45%; Data Center Nearly Doubles; Q4 Guidance Accelerates to $17 Billion
🟢 Revenue reached $13.377 billion, up 45% year-over-year, beating expectations by about 2.3% and exceeding the high end of company guidance.
🟢 Non-GAAP EPS came in at $2.09, up 74% year-over-year, beating expectations by more than 6%.
🟢 Data center revenue hit $8.546 billion, nearly doubling year-over-year (+97%), and accounted for roughly 64% of total company revenue.
🟢 Q4 revenue guidance midpoint of approximately $17 billion implies about 66% year-over-year and 27% sequential growth, significantly above consensus.
🟢 Free cash flow fell 64% year-over-year to $554 million, mainly due to a large inventory build, but the market largely looked past it for now.
$AMDB
$AMDon
✍️ Avoiding Intel’s Fate: AMD Q3 Revenue Beats Expectations, Up 45%; Data Center Nearly Doubles; Q4 Guidance Accelerates to $17 Billion
🟢 Revenue reached $13.377 billion, up 45% year-over-year, beating expectations by about 2.3% and exceeding the high end of company guidance.
🟢 Non-GAAP EPS came in at $2.09, up 74% year-over-year, beating expectations by more than 6%.
🟢 Data center revenue hit $8.546 billion, nearly doubling year-over-year (+97%), and accounted for roughly 64% of total company revenue.
🟢 Q4 revenue guidance midpoint of approximately $17 billion implies about 66% year-over-year and 27% sequential growth, significantly above consensus.
🟢 Free cash flow fell 64% year-over-year to $554 million, mainly due to a large inventory build, but the market largely looked past it for now.
$AMDB
$AMDon