AMD Drops 8%: Q3 Misses, Q4 Rev View Misses

Tech Trader Daily
By Tiernan RayOct 16, 2014, 4:23 pm108 pts
Chip maker Advanced Micro Devices (AMD) this afternoon reported Q3 revenue and earnings per share that missed analysts' expectations, and forecast this quarter's results substantially below consensus. Revenue in the three months ended in September rose to $1.43 billion, yielding EPS of 3 cents. Analysts had…

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