AMD Earnings Release Reflects Boom In Cryptocurrencies

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Summary:

The AMD earnings release posted at the closing bell on Tuesday, July 25 topped analyst expectations
Adding onto the strong quarterly performance, management is anticipating robust results from the third quarter and fourth quarters as well.
After hours and next day trading have propelled AMD shares as much as 10%

Advanced Micro Devices (NASDAQ:$AMD) released their 2Q17 earnings results at the closing bell on Tuesday trading.

Put into perspective, analysts estimate AMD to report a break-even Earnings Per Share (EPS) on revenues of $1.16 billion. AMD far surpassed analyst expectations by reporting Earnings Per Share (EPS) and revenue …

 

 

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