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Advanced Micro (AMD) Announces Quarterly Earnings Results, Misses Expectations

The ratio fall, as 38 funds sold all Advanced Micro Devices, Inc. shares owned while 56 reduced positions. The 1-year stock price history is in the range of $1.61 – $3.37. The company’s market capitalization is $1.53 billion.

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Now the company Insiders own 1% of Adv Micro Dev Company shares according to the proxy statements. CVA/DVA was $196 million ($127 million after-tax) in the third quarter 2015, contrast to negative $371 million (negative $228 million after-tax) in the preceding year period. Equity Analysts at the Bernstein upgrades the rating on Advanced Micro Devices, Inc.

The average analyst estimate for third quarter revenue is $995.8 million, about 30% lower year-over-year. (FOXA)’s weekly performance is 2.28% and compared to their 52 week low, they are up 25.91% with a dividend yield of 1.05%. She said she is “very bullish” on the graphics business, and that while AMD also is continue to develop the “Seattle” ARM-based chip for servers, the focus on the data center is the Zen architecture.

Advanced Micro Devices (NASDAQ:AMD) traded up 1.03% during mid-day trading on Thursday, reaching $1.97. The semiconductor manufacturer reported ($0.17) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.17).

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Su said in an analyst conference call that the company expects to see “modest production shipments” of Seattle in the fourth quarter. The company is trading 6.26% up its 50-day moving average and -16.85% below its 200-day moving average. Moreover, it missed the revenue estimates of $1.47 billion, as it reported $1.429 billion in net revenue. During the same quarter in the previous year, Advanced Micro posted $0.03 EPS. The stock has an average rating of Hold and an average target price of $2.55. FBR & Co. restated a market perform rating and set a $3.50 price objective on shares of Advanced Micro Devices in a research note on Thursday, June 18th. Equities analysts predict that Advanced Micro Devices will post ($0.48) earnings per share for the current year. The Organization offers x86 microprocessors, as standalone devices or as incorporated as an accelerated processing unit (NASDAQ:AMD), chipsets, distinct graphics processing units (GPUs) and professional images, and server and set chips, thick servers, semi-custom System-on-Chip (SoC) products and technology for game consoles. Advanced Micro Devices, Inc. has dropped 8.78% during the last 3-month period. The Firm operates in two divisions: the Computing and Graphics segment, which includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics, and the Enterprise, Embedded and Semi-Custom segment, which includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties.

Advanced Micro Devices Inc Reports Mixed 3Q Results