Investing.com - AMD reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that was inline with forecasts.
The firm reported earnings per share of $0.06 on revenue of $1.27B. Analysts polled by Investing.com anticipated EPS of $0.05 on revenue of $1.27B. That compared to EPS of $0.11 on revenue of $1.65B in the same period a year earlier. The company had reported EPS of $0.08 on revenue of $1.42B in the previous quarter.
AMD shares gained 6.04% to trade at $29.30 in after-hours trade following the report.
AMD follows other major Technology sector earnings this month
On April 24, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.88B.
Apple earnings Beat analysts' expectations on Tuesday, with second quarter EPS of $2.46 on revenue of $58.02B. Investing.com analysts expected EPS of $2.37 on revenue of $57.58B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar