AMD reports Q3 revenue of $1.65B, vs. $1.7B est., up 4% YoY, net income of $102M, up from $61M YoY, but low Q4 guidance; stock down 20%+ after hours (Natalie Gagliordi/ZDNet)

Natalie Gagliordi / ZDNet:
AMD reports Q3 revenue of $1.65B, vs. $1.7B est., up 4% YoY, net income of $102M, up from $61M YoY, but low Q4 guidance; stock down 20%+ after hours  —  The company missed third quarter revenue targets and issued lower-than-expected fourth quarter guidance.

from Techmeme https://ift.tt/2yYGag9
https://ift.tt/2O3Ixnu October 25, 2018 at 02:35AM https://ift.tt/gaIxo5