Advanced Micro Devices, Inc. (NASDAQ:AMD) will release earnings for its first quarter after the closing bell on Tuesday, May 5.
Analysts expect the Santa Clara, California-based company to report quarterly earnings of $1.29 per share, up from 96 cents per share in the year-ago period. The consensus estimate for AMD’s quarterly revenue is $9.89 billion (it reported $7.44 billion last year), according to Benzinga Pro.
The company has beaten analyst estimates for revenue in 14 straight quarters.
Advanced Micro Devices shares fell 5.3% to close at $341.54 on Monday.
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