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Wednesday, 1 November 2023

AMD Q3 2023 Earnings Call: Listen Live and Follow Along with the Real-Time Transcript

by Rose White

Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) is all set to report third-quarter 2023 earnings today at 4:15 PM ET.

AMD Q3 2023 Earnings Call: Listen Live and Follow Along with the Real-Time Transcript


Listen to AMD’s Q3 2023 earnings call live and read the real-time transcript


Analysts’ consensus estimates for September-quarter earnings, on an adjusted basis, is $0.64 per share, which is slightly lower than the prior-year number. That reflects an estimated 4.4% decrease in revenues to $5.37 billion.

In the second quarter, adjusted earnings dropped to $0.58 per share from $1.05 per share in the comparable quarter of 2022. On a reported basis, net income was $27 million or $0.02 per share in Q2, compared to $447 million or $0.27 per share in the prior-year period. June-quarter revenues declined to $5.36 billion from $6.55 billion last year.

The post AMD Q3 2023 Earnings Call: Listen Live and Follow Along with the Real-Time Transcript first appeared on AlphaStreet.

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