Investing.com - AMD reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
AMD announced earnings per share of $0.67 on revenue of $5.6B. Analysts polled by Investing.com EPS of $0.68 on revenue of $5.62B.
AMD 's are down 58% and is trading at $61.15 , still down 63.72% from its 52 week high of $164.46 set on Tuesday, November 30, 2021.
AMD shares gained 2.50% to trade at $61.15 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 $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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