AMD reported its quarterly earnings this week with a lot of moving parts, but most importantly they came in a little better than expected, which is exactly.
AMD reported its quarterly earnings this week with a lot of moving parts, but most importantly they came in a little better than expected, which is exactly what the company needs.
Over its history, AMD has gone from the company that couldn’t shoot straight to now the leader in in their field and probably one of the best at execution. As we highlighted a few months back, the company now needs to continue building its roadmap and find pieces of the market to claim. The company does not need to report blowout earnings, it just needs to continue building on what appears to be a solid head of momentum.
Editor’s Note:
Guest author Jonathan Goldberg is the founder of D2D Advisory, a multi-functional consulting firm. Jonathan has developed growth strategies and alliances for companies in the mobile, networking, gaming, and software industries.
By raw numbers, the quarter went just fine. They reported revenue of $5.4 billion, just ahead of consensus of $5.3 billion, and EPS of $0.58 versus expectations of $0.57. The stock was trading up after hours, but we would not be surprised if that’s only temporary. As we said, not exciting, just steady progress.
