AMD’s second quarter results live blog – TheStreet | Omd Cialis

AMD bulls are hoping stock gains and cloud momentum will more than offset headwinds from slowing consumer tech spending, the company reported Tuesday afternoon.

The consensus among analysts polled by FactSet was that AMD reported second-quarter revenue of $6.53 billion (up 70% annually from both organic growth and the Xilinx acquisition) and non-GAAP EPS of $1.03.

AMD typically provides quarterly and full-year sales forecasts in its reports. The company’s expected revenue for the third quarter is $6.84 billion and full-year revenue is $26.21 billion (roughly in line with the company’s May 3 guidance for revenue growth of about 60% for the full year, or mid-30s growth on an organic basis).

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