
AMD posts better-than-anticipated Q1 earnings, stock jumps on strong Q2 outlook
AMD (AMD) announced its first quarter earnings Tuesday, beating expectations on the top and bottom lines and providing a better-than-expected Q2 outlook. Shares rose more than 5% on the news. For the quarter, AMD saw adjusted earnings per share (EPS) of $0.96 on revenue of $7.4 billion, ahead of analysts' expectations of $0.94 on revenue […]