AMD reports Q2 revenue up 50% YoY to $11.5B, vs. $11.3B est., Data Center revenue up 107%, forecasts Q3 revenue below some estimates; AMD drops 7%+ after hours (Ian King/Bloomberg)
The beat was real, but guidance drove the reaction.
AMD reported $11.5 billion in Q2 revenue, above the $11.3 billion estimate. Data Center revenue rose 107% year over year. Its Q3 forecast came in below some estimates, and shares fell more than 7% after hours. Techmeme's note
AMD reported $11.5 billion in Q2 revenue, above the $11.3 billion estimate. Data Center revenue rose 107% year over year. Its Q3 forecast came in below some estimates, and shares fell more than 7% after hours. Techmeme's note
score 7