AMD Q3 2017 Earnings: Key Takeaways
AMD’s stock fell on Thursday despite the company posting some impressive growth both in terms of revenue and operating income in the third quarter. This growth was driven by the continued success of its new Ryzen processors, but investors were not thrilled as the company lowered its Q4 outlook. We believe that the stock correction was justified. Despite the fact that there is a lot going on for AMD right now, the stock remains risky and much of the positive development has been captured in the run-up in the stock since last year.
For a detailed story on AMD’s Q3 2017 earnings, see our overview and forecasts on our interactive platform. Click here or on the image below to see more details regarding what AMD’s financial metrics could look like in the next few years.
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