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Advanced Micro Devices, Inc. Message Board

  • toobig2failagain toobig2failagain Jul 17, 2014 4:37 PM Flag

    Missed Non-GAAP Earnings Est. By A Penny Only

    Missed earnings estimates revised upwards by the analysts in the last seven days by $0.01. Revenue was in-line. If not for analyst earnings estimates changes in the last week, AMD would have had in-line earnings.

    Over-reaction considering AMD is truly becoming profitable now, with the game console sales and restructuring. AMD will be very profitable next quarter, so sell-off is unwarranted.

    Sentiment: Strong Buy

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