Advanced Micro Devices Q1 EPS $0.60 Beats $0.56 Estimate, Sales $5.35B Beat $5.30B Estimate

Advanced Micro Devices (NASDAQ:AMD) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.56 by 7.14 percent. This is a 46.9 percent decrease over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $5.35 billion which beat the analyst consensus estimate of $5.30 billion by 1.00 percent. This is a 9.07 percent decrease over sales of $5.89 billion the same period last year.