Company news: Advanced Micro’s (AMD) quarterly results match analysts' estimates

Advanced Micro (AMD) reported Q1 FY2024 earnings of $0.62 per share (versus $0.60 per share in Q1 FY2023), matching analysts’ consensus estimate of $0.62 per share.

The company’s quarterly revenues amounted to $5.473 bln (+2.2% y/y), roughly in line with analysts’ consensus estimate of $5.477 bln.

AMD fell to $ 149.00 (-5.92%) in pre-market trading.