AMD earnings and revenue beat analyst expectations
AMD reported third-quarter earnings after the bell on Tuesday, with earnings and revenue beating analyst expectations, and a strong forecast for the fourth quarter.The stock fell about 0.6% in extended trading.Here's how the chipmaker did against Refinitiv consensus estimates for the quarter ending Oct. 2:. EPS: $0.73, adjusted, versus $0.67 expected, up 16% year-over-year.Revenue:$4.31 billion, versus $4.12 billion expected, up 54% year-over-year. AMD said it expected $4.5 billion in sales in t