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Advanced Micro Devices Q2 Non-GAAP Earnings, Revenue Rise; Q3 Revenue Outlook Set
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Advanced Micro Devices Q2 Non-GAAP Earnings, Revenue Rise; Q3 Revenue Outlook Set
Jul 30, 2024 2:00 PM

04:37 PM EDT, 07/30/2024 (MT Newswires) -- Advanced Micro Devices ( AMD ) reported Q2 non-GAAP earnings late Tuesday of $0.69 per diluted share, compared with $0.58 a year earlier.

Analysts polled by Capital IQ expected $0.68.

Revenue for the quarter ended June 30 was $5.84 billion, compared with $5.36 billion a year earlier.

Analysts polled by Capital IQ expected $5.72 billion.

The chipmaker said it expects Q3 revenue of about $6.7 billion, plus or minus $300 million. Analysts polled by Capital IQ expect $6.61 billion.

Shares of the company were up nearly 5% in recent after-hours activity.

Price: 145.29, Change: +6.85, Percent Change: +4.95

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