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Advanced Micro Devices reported fiscal third-quarter results that exceeded Wall Street expectations, but gave margin guidance was inline with estimates. The stock fell almost 5% in extended trading.
Here's how the company did in comparison with LSEG consensus:
Earnings per share: $1.20 adjusted vs. $1.16 expected
Revenue: $9.25 billion vs. $8.74 billion expected
Revenue increased 36% from a year earlier in the fiscal third quarter, which ended on Sept. 27, according to a statement .
Net income climbed to $1.24 billion, or 75 cents per share, from $771 million, or 47 cents per share, a year earlier.
For the fourth quarter, AMD expects about $9.6 billion in revenue, implying 25% growth. That's above LS

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