Advanced Micro Devices (AMD) Beats Q4 Earnings and Revenue Estimates

Advanced Micro Devices (AMD) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +16.18%. A quarter ago, it was expected that this chipmaker would post earnings of $1.17 per share when it actually produced earnings of $1.2, delivering a surprise of +2.56%.Over the last four quarters, the ...