Company news: Advanced Micro Devices (AMD) quarterly results top analysts’ estimates

Advanced Micro Devices (AMD) reported Q1 FY2025 earnings of $0.96 per share (versus $0.62 per share in Q1 FY2024), beating analysts’ consensus estimate of $0.94 per share.

The company’s quarterly revenues amounted to $7.438 bln (+35.9% y/y), beating analysts’ consensus estimate of $7.124 bln.

The company also issued in-line revenue guidance for Q2 FY2025 of $7.10-7.70 bln versus analysts’ consensus estimate of $7.22 bln.

AMD rose to $100.39 (+1.79%) in pre-market trading.

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