Advanced Micro Devices, Inc. (AMD), a leading semiconductor company, is set to report its quarterly financial results on Tuesday, October 31, 2023, after the market opens. Analysts expect the company’s revenue and EPS for the third quarter (ended September 2023) to increase 2.3% and 0.9% year-over-year to $5.69 billion and $0.68, respectively.
For the to-be-reported quarter, AMD expects revenue to be nearly $5.7 billion, plus or minus $300 million, and forecasts non-GAAP gross margin to be approximately 51%.
