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Here's What Key Metrics Tell Us About Advanced Micro Q1 Earnings

For the quarter ended March 2024, Advanced Micro Devices (NASDAQ: AMD) reported revenue of $5.47 billion, up 2.2% over the same period last year. EPS came in at $0.62, compared to $0.60 in the year-ago quarter. The reported revenue represents a surprise of +0.99% over the Zacks Consensus Estimate of $5.42 billion. With the consensus EPS estimate being $0.60, the EPS surprise was +3.33%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, ...