AMD Q4 Earnings Beat Estimates, Shares Down on Weak Guidance

Advanced Micro Devices (AMD) reported fourth-quarter 2024 non-GAAP earnings of $1.09 per share, beating the Zacks Consensus Estimate by 1.10$7.658 billion beat the Zacks Consensus Estimate by 1.61% and increased 24.2% year over year, as well as 12% sequentially. The top-line growth benefited from robust Data Center and Client revenues that were partially offset by sluggishness in the ...