The company said, “For the third quarter of 2023, AMD expects revenue to be approximately $5.7 billion, plus or minus $300 million, and expects non-GAAP gross margin to be approximately 51%.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AMD:
- AMD Stock Tumbles: Wall Street Impressed but Investors Hesitant
- Advanced Micro Devices (NASDAQ:AMD) Surges after Earnings Exceed Expectations
- AMD Reports Second Quarter 2023 Financial Results
- Notable companies reporting after market close
- Advanced Micro options imply 6.8% move in share price post-earnings