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AMD +4.7% on mixed Q4, downside rev guide

Published 01/29/2019, 04:33 PM
© Reuters.  AMD +4.7% on mixed Q4, downside rev guide
AMD
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  • AMD (NASDAQ:AMD) gains 4.7% on Q4 results that met on EPS but missed on revenue with revenue up 6% Y/Y. Downside Q1 guidance has revenue of $1.2B to $1.3B (consensus: $1.47B) due to graphics softness as the cryptocurrency mining inventory continues to clear out.
  • Revenue breakdown: Computing and Graphics, $986M (+9% Y/Y); Enterprise, Embedded and Semi-Custom, $433M (flat Y/Y; -39 Q/Q on seasonal weakness).
  • Earnings call is scheduled for 5:30 PM ET with a webcast available here.
  • Press release.
  • Previously: Advanced Micro Devices EPS in-line, misses on revenue (Jan. 29)
  • Now read: AMD: Forget Crypto, Here Comes China!


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