Advanced Micro Devices (NASDAQ:AMD) posted its quarterly earnings results on Tuesday, January 29th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.08, Fidelity Earnings reports. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.44 billion. Advanced Micro Devices had a net margin of 5.20% and a return on equity of 37.84%. During the same period last year, the firm posted $0.08 earnings per share. Advanced Micro Devices updated its Q1 2019 guidance to EPS.
Shares of AMD opened at $22.85 on Thursday. The company has a market capitalization of $22.81 billion, a P/E ratio of 65.29, a P/E/G ratio of 2.07 and a beta of 3.41. The company has a current ratio of 1.78, a quick ratio of 1.36 and a debt-to-equity ratio of 0.88. Advanced Micro Devices has a 1-year low of $9.04 and a 1-year high of $34.14.
In other news, Director Mubadala Investment Co Pjsc sold 34,906,166 shares of the firm’s stock in a transaction that occurred on Tuesday, February 5th. The stock was sold at an average price of $23.43, for a total value of $817,851,469.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Devinder Kumar sold 41,213 shares of the company’s stock in a transaction on Wednesday, November 28th. The stock was sold at an average price of $21.25, for a total transaction of $875,776.25. The disclosure for this sale can be found here. Insiders have sold 35,470,787 shares of company stock worth $829,001,955 in the last 90 days. Insiders own 1.80% of the company’s stock.
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Advanced Micro Devices Company Profile
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. The company's products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.
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