AMD misses on Revenues
eBay beat marginally on the top and bottom line:
- EPS comes in at $.71 versus estimate of $.68
- Revenues come in at $2.9 billion versus estimate of $2.86 billion
- dividend of $.14 per share
- expanding share buyback authorization by an added $4 billion
- eBay closed at $33.69, down $.33 or 0.97%. It is trading in after-hours $34.73 currently
For AMD:
- EPS comes in at $.08 versus $.08 expected
- revenues come in at $1.42 billion versus 1.44 billion estimate
- Sees 1Q revenues $1.2 billion to $1.3 billion which is below estimates of $1.47 billion
- sees 2019 high single-digit percentage sales growth
- AMD stock closed at $19.25 I was down $.93. Despite the miss and lower Q1 revenues the price is trading at $20.17 in after-hours trading