Advanced Micro Devices (NASDAQ:AMD) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Advanced Micro Devices beat estimated earnings by 24.18%, reporting an EPS of $1.13 versus an estimate of $0.91.
Revenue was up $2.44 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 5.12% increase in the share price the next day.
Here's a look at Advanced Micro Devices's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.76 | 0.67 | 0.54 | 0.44 |
| EPS Actual | 0.92 | 0.73 | 0.63 | 0.52 |
| Revenue Estimate | 4.52B | 4.12B | 3.62B | 3.21B |
| Revenue Actual | 4.83B | 4.31B | 3.85B | 3.44B |
To track all earnings releases for Advanced Micro Devices visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
