AMD (NASDAQ: AMD) released a report on Tuesday with results in the second quarter that beat analysts. The income indicator exceeded forecasts.
The company posted earnings per share of $0.58 on earnings of $5.4B. Analysts polled by Investing.com had forecast earnings per share of $0.57 and total revenue of $5.32B
AMD shares rose 1.09% to trade at $118.88 in the after market close, according to the report.
This year, AMD's share price, up 81%, outperformed the overall Nasdaq 100 index, up 43% year-to-date.
AMD follows the general trend of Tech companies this month
On July 25, Microsoft reported its fourth quarterly earnings of $2.69, earnings of $56.2B, compared to earnings-per-share estimates of $2.55 on total revenue of $55.44B.
Alphabet C Earnings Beat Analysts' Expectations July 25th Q2 Quarterly EPS $1.44 on Total Earnings of $74.6B Investing.com Analysts Previously Predicted EPS of $1.34 on Total Earnings of $72.82B $