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Investing.com - AMD reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AMD announced earnings per share of $1.05 on revenue of $6.55B. Analysts polled by Investing.com EPS of $1.03 on revenue of $6.53B.
AMD 's are down 31% and is trading at $94.75 , still down 39.63% from its 52 week high of $164.46 set on Tuesday, November 30, 2021.
AMD shares lost 4.57% to trade at $94.75 in after-hours trade the report.
AMD follows other major Information Technology sector earnings this month
AMD's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.2 on revenue of $82.96B, EPS of $1.16 on revenue of $82.79B.
Microsoft had missed expectations on Tuesday, July 26, 2022 with fourth quarter EPS of $2.23 on revenue of $51.87B, for EPS of $2.29 on revenue of $52.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar