Advanced Micro Devices (NYSE:AMD) Beats Fiscal Fourth Quarter Analysts Forecasts

Advanced Micro Devices, Inc (NYSE:AMD) announced on Tuesday that fiscal Q4 revenue that surpassed analysts’ forecasts, assisted by sales of chips that manage servers.

The second-biggest manufacturer of processors for personal computers reported that sales were $1.16 billion, evaluated against median analysts’ forecasts of $1.15 billion, as shown by Bloomberg gathered data.

Advanced Micro Devices loss for the quarter was $102 million or 14 cents per share, while analysts forecasted a loss of 18 cents per share.

Shares of chip maker moved up around 4.5% to settle at $2.56 after the quarterly financial report.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) rose +4.09% to settle at $15.52, MIPS Technologies, Inc. (NASDAQ:MIPS) moved up +0.25% to end at $7.89 while Freescale Semiconductor Ltd (NYSE:FSL) jumped +0.42% to finish at $11.89 on Tuesday.

Advanced Micro Devices, Inc. (NYSE:AMD) last session’s volume of 35.14 million shares was surprisingly higher than its average volume of 21.97 million shares. The stock after opening at $2.52 hit high price of $2.54 and then closed at $2.45 by scoring -0.41%.

The liquidity measure in recent quarter results of the company was recorded 1.81 as current ratio and on the other side the debt to equity ratio was 2.06 and long-term debt to equity ratio remained at 2.06. The Company had total cash of $1.30 billion at hand and a book value per share as $1.39 in the most recent quarter.

The stock’s price volatility was 5.24% for a week and 5.25% for a month as well as price volatility’s Average True Range for 14 days was 0.12 and its beta remained at 2.24.

AMD generated revenue of $5.96 billion in the previous twelve months and earned -$883.00 million. The Company showed a negative -14.82% in the net profit margin as well as in its operating margin which remained at -9.45%. Company’s annual sales growth for the past five years was 3.14%.

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