Tuesday, February 4, 2025Markets traded higher today, with all major indexes closing near session highs — and erasing yesterday’s tariff panic, now that tariff plans have already been eased for our neighbors to the north and the south. The Dow gained +134 points, +0.30%, while the S&P 500 grew +43 points, +0.72%. The Nasdaq raced ahead +262 points, +1.35%, while the small-cap Russell 2000 led the field, +1.44% on the day. JOLTS Lighter in DecemberThe first labor market report in this latest Jobs Week is the ...

Advanced Micro Devices (AMD) reported $7.66 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 24.2%. EPS of $1.09 for the same period compares to $0.77 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $7.52 billion, representing a surprise of +1.90%. The company delivered an EPS surprise of +1.87%, with the consensus EPS estimate being $1.07.While investors scrutinize revenue and earnings changes year-over-year and how they compare w ...

Advanced Micro Devices (AMD) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.87%. A quarter ago, it was expected that this chipmaker would post earnings of $0.91 per share when it actually produced earnings of $0.92, delivering a surprise of 1.10%.Over the last four quarters, the co ...

AMD FINANCIAL RESULTS Fourth Quarter and Full Year 2024 February 4, 2025 CAUTIONARY STATEMENT This presentation contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD), such as the features, functionality, performance, availability, timing and expected benefits of future AMD products; AMD's large growth opportunities across diverse set of markets; AMD's expected first quarter 2025 financial outlook, including revenue, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP Int ...

AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally announced.During the company’s Q4 2024 earnings call Tuesday, AMD CEO Lisa Su said AMD plans to sample the MI350 with “lead customers” this quarter, and “accelerate” production shipments to “mid-year.” “So, we had previously stated that we thought we would launch [the MI350] in the second half of [2025],” Su said. “And frankly, that bring-up has come up better than we expected, and there’ ...

Advanced Micro Devices (AMD) posted fourth-quarter revenue and adjusted earnings that beat expectations, but data center sales came up short. The chipmaker's revenue grew 24% year-over-year to a record $7.66 billion, above the analyst consensus compiled by Visible Alpha. Earnings came in at $482 million, or 29 cents per share, down from $667 million, or 41 cents per share, a year earlier, falling short of expectations. However, on an adjusted basis, AMD's earnings of $1.78 billion, or $1.09 per share, beat ...

Advanced Micro Devices posts strong revenue growth, beating analyst expectations, though challenges remain in specific market segments.Semiconductor designer Advanced Micro Devices (AMD 4.58%) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 4, that beat analysts consensus estimates. The results highlight a robust quarter, showcasing record revenue growth of 24.2% year over year, thanks largely to its Data Center and Client segments. With adjusted earnings per share (EPS) at $1.09 agains ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Advanced Micro Devices reported revenue of $7.658 billion for the fourth quarter, up 24% from a year ago. But AMD’s stock price fell in after-hours trading to $113.66, down 4.89%.Net income was $482 million for the fourth quarter ended December 31, down 28% from $667 million a year earlier.AMD saw data center segment revenue of $3.9 billion in the quarter, up 69% from a year ago. It ...

Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings, but the stock fell about 5% in extended trading as the company missed estimates in its key data center segment. Here's how the chipmaker did, versus LSEG consensus estimates for the quarter ended Dec. 28:Earnings per share: $1.09, adjusted, versus $1.08 expectedRevenue: $7.66 billion versus $7.53 billionAMD said it expects $7.1 billion in sales in the first quarter, plus or minus $300 ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...