AMD stock falls over 16 percent despite beating Q4 earnings estimates

TLDR AMD stock declined more than 16 percent after the company released its Q4 earnings report. The company reported earnings per share of $1.53 on revenue of $10.3 billion which beat analyst expectations. Despite strong results in data center and PC segments investors expected higher performance and guidance. AMD projected Q1 revenue between $9.5 billion [...]

The post AMD stock falls over 16 percent despite beating Q4 earnings estimates appeared first on Blockonomi.