Advanced Micro Devices, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2020
January 28, 2020 at 04:15 pm
Advanced Micro Devices, Inc. provided earnings guidance for the first quarter and full year of 2020. For the first quarter of 2020, the company expects revenue to be approximately $1.8 billion, plus or minus $50 million, an increase of approximately 42% year-over-year and a decrease of approximately 15% sequentially.
For the full year 2020, the company expects revenue growth of approximately 28% to 30% over 2019 driven by strength across all businesses.