Allen
Hotshot
Joined: Oct 1999
Posts: 8,839
Ohio USA
Quote
AMD Meets Earnings Estimates But Stock Drops On Poor Outlook
Total revenue came in at $1.53 billion versus $1.76 billion a year ago. AMD stated that both its Computing and Graphics and Semi-Custom segments contributed to the year-over-year 13 percent decline in revenue.
Shares of AMD have dropped.. and as of this writing are down nearly 5 percent to $32.43 in after-hours trading.