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Pbrz
Pbrz
·
2021-11-11
Is this the future!
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Pbrz
Pbrz
·
2021-07-18
Gonna be a wild ride!
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Pbrz
Pbrz
·
2021-07-08
Nice!
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Pbrz
Pbrz
·
2021-06-28
Fingers crossed this still stays strong
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Pbrz
Pbrz
·
2021-05-14
Heh that’s ironic
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Pbrz
Pbrz
·
2021-05-04
Power to the people
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Pbrz
Pbrz
·
2021-04-28
WSB incoming
AMC to sell up to 43 million fresh shares, but calls off plans to seek approval for 500 million more
AMC stock declines as theater chain plans at-the-market offering, reveals preliminary quarterly loss
AMC to sell up to 43 million fresh shares, but calls off plans to seek approval for 500 million more
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Pbrz
·
2021-04-28
Nice
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Pbrz
Pbrz
·
2021-04-28
Fingers crossed!
AMD stock rises after earnings show data-center sales more than doubling
AMD increases full-year revenue guidance after record quarterly sales, stock jumps more than 3% in e
AMD stock rises after earnings show data-center sales more than doubling
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incoming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100961133","repostId":"2130885375","repostType":4,"repost":{"id":"2130885375","kind":"highlight","pubTimestamp":1619573383,"share":"https://www.laohu8.com/m/news/2130885375?lang=&edition=full","pubTime":"2021-04-28 09:29","market":"us","language":"en","title":"AMC to sell up to 43 million fresh shares, but calls off plans to seek approval for 500 million more","url":"https://stock-news.laohu8.com/highlight/detail?id=2130885375","media":"MarketWatch","summary":"AMC stock declines as theater chain plans at-the-market offering, reveals preliminary quarterly loss","content":"<p>AMC stock declines as theater chain plans at-the-market offering, reveals preliminary quarterly losses and revenue that fall short of analysts' expectations</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/056c6c845263b971e557957cc1ead041\" tg-width=\"1260\" tg-height=\"840\"><span>AMC Entertainment Holdings Inc. had reopened 585 of its 590 U.S. theaters at limited capacity by the end of March.</span></p>\n<p>AMC Entertainment Holdings Inc. shares dipped in after-hours trading Tuesday, after the theater chain disclosed plans to sell millions of fresh shares while revealing early returns from reopened theaters, but said it would not ask shareholders to approve the potential sale of 500 million more shares.</p>\n<p>In a filing with the Securities and Exchange Commission said it hopes to sell up to 43 million shares in an at-the-market offering. The company said it would use the proceeds for \"general corporate purposes, which may include working capital, the repayment, refinancing, redemption or repurchase of existing indebtedness, capital expenditures and other investments.\"</p>\n<p>However, the company also disclosed that the board of directors decided not to ask shareholders for permission to sell up to 500 million additional shares at its upcoming annual shareholders meeting, a proposal that had caused some upheaval with analysts and investors. Chief Executive Adam Aron had said last week that if investors approved the plan, he would promise not to sell any of those shares in 2021; the 43 million shares that will be sold were approved by shareholders years ago.</p>\n<p>AMC also disclosed preliminary financial results for its quarter ended March 31, as the chain began to reopen more theaters as COVID-19 restrictions eased. AMC said that it expects to lose $567.2 million to $572.2 million on revenue of approximately $148.3 million. In the same quarter a year ago, as the COVID-19 pandemic began to shutter theaters worldwide, AMC reported a loss of more than $2 billion -- mostly due to noncash impairment charges from revaluing its properties -- on sales of $941.5 million.</p>\n<p>Analysts on average were expecting AMC to lose $514.9 million on sales of $158.4 million in the first quarter, according to FactSet.</p>\n<p>AMC has raised more than $2 billion in share sales, debt offerings and other moves since last fall, as theater closures walloped its finances. In the podcast appearance last week in which he promised not to sell any of the 500 million shares if investors approved that plan, Aron noted the authorization to sell 43 million shares was still active, but said \"we haven't made any decisions yet.\"</p>\n<p>\"If we need to raise some cash in the short term, remember we already have 43 million shares that are out there that were authorized in the year 2013 that we could use if we wish to raise some cash, if we decide that's a good idea,\" Aron said in an interview that AMC also disclosed in an SEC filing . \"We have made no decisions yet. We are thinking about it, but we haven't made any decisions yet.\"</p>\n<p>AMC also disclosed in Tuesday's filing that as of March 31, 585 of its 590 U.S. theaters had reopened at limited capacity of 15% to 60%, and 97 of 354 international theaters it leases or runs in partnership with others had reopened at 25% to 50% capacity.</p>\n<p>Shares dipped between 1% and 2% in the extended session following the disclosure Tuesday evening. AMC's stock has not suffered as much as its finances in recent months, as it has been targeted by individual investors who have gathered on Reddit to collectively purchase options and shares in bedraggled stocks like videogame retailer GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> and former cellphone giants Nokia Corp. (NOKIA.HE) and BlackBerry Ltd. (BB.T).</p>\n<p>AMC stock has gained more than 300% in the past six months, as the S&P 500 index has increased 23.5%. The company's market capitalization was higher than $5 billion at Tuesday's closing price of $11.46.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC to sell up to 43 million fresh shares, but calls off plans to seek approval for 500 million more </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC to sell up to 43 million fresh shares, but calls off plans to seek approval for 500 million more \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 09:29 GMT+8 <a href=https://www.marketwatch.com/story/amc-to-sell-up-to-43-million-fresh-shares-but-calls-off-plans-to-seek-approval-for-500-million-more-11619564599?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC stock declines as theater chain plans at-the-market offering, reveals preliminary quarterly losses and revenue that fall short of analysts' expectations\nAMC Entertainment Holdings Inc. had ...</p>\n\n<a href=\"https://www.marketwatch.com/story/amc-to-sell-up-to-43-million-fresh-shares-but-calls-off-plans-to-seek-approval-for-500-million-more-11619564599?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/amc-to-sell-up-to-43-million-fresh-shares-but-calls-off-plans-to-seek-approval-for-500-million-more-11619564599?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130885375","content_text":"AMC stock declines as theater chain plans at-the-market offering, reveals preliminary quarterly losses and revenue that fall short of analysts' expectations\nAMC Entertainment Holdings Inc. had reopened 585 of its 590 U.S. theaters at limited capacity by the end of March.\nAMC Entertainment Holdings Inc. shares dipped in after-hours trading Tuesday, after the theater chain disclosed plans to sell millions of fresh shares while revealing early returns from reopened theaters, but said it would not ask shareholders to approve the potential sale of 500 million more shares.\nIn a filing with the Securities and Exchange Commission said it hopes to sell up to 43 million shares in an at-the-market offering. The company said it would use the proceeds for \"general corporate purposes, which may include working capital, the repayment, refinancing, redemption or repurchase of existing indebtedness, capital expenditures and other investments.\"\nHowever, the company also disclosed that the board of directors decided not to ask shareholders for permission to sell up to 500 million additional shares at its upcoming annual shareholders meeting, a proposal that had caused some upheaval with analysts and investors. Chief Executive Adam Aron had said last week that if investors approved the plan, he would promise not to sell any of those shares in 2021; the 43 million shares that will be sold were approved by shareholders years ago.\nAMC also disclosed preliminary financial results for its quarter ended March 31, as the chain began to reopen more theaters as COVID-19 restrictions eased. AMC said that it expects to lose $567.2 million to $572.2 million on revenue of approximately $148.3 million. In the same quarter a year ago, as the COVID-19 pandemic began to shutter theaters worldwide, AMC reported a loss of more than $2 billion -- mostly due to noncash impairment charges from revaluing its properties -- on sales of $941.5 million.\nAnalysts on average were expecting AMC to lose $514.9 million on sales of $158.4 million in the first quarter, according to FactSet.\nAMC has raised more than $2 billion in share sales, debt offerings and other moves since last fall, as theater closures walloped its finances. In the podcast appearance last week in which he promised not to sell any of the 500 million shares if investors approved that plan, Aron noted the authorization to sell 43 million shares was still active, but said \"we haven't made any decisions yet.\"\n\"If we need to raise some cash in the short term, remember we already have 43 million shares that are out there that were authorized in the year 2013 that we could use if we wish to raise some cash, if we decide that's a good idea,\" Aron said in an interview that AMC also disclosed in an SEC filing . \"We have made no decisions yet. We are thinking about it, but we haven't made any decisions yet.\"\nAMC also disclosed in Tuesday's filing that as of March 31, 585 of its 590 U.S. theaters had reopened at limited capacity of 15% to 60%, and 97 of 354 international theaters it leases or runs in partnership with others had reopened at 25% to 50% capacity.\nShares dipped between 1% and 2% in the extended session following the disclosure Tuesday evening. AMC's stock has not suffered as much as its finances in recent months, as it has been targeted by individual investors who have gathered on Reddit to collectively purchase options and shares in bedraggled stocks like videogame retailer GameStop Corp. $(GME)$ and former cellphone giants Nokia Corp. (NOKIA.HE) and BlackBerry Ltd. (BB.T).\nAMC stock has gained more than 300% in the past six months, as the S&P 500 index has increased 23.5%. The company's market capitalization was higher than $5 billion at Tuesday's closing price of $11.46.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100963877,"gmtCreate":1619574827399,"gmtModify":1634211638437,"author":{"id":"3582667631352534","authorId":"3582667631352534","name":"Pbrz","avatar":"https://static.tigerbbs.com/f575448d364119faae878fb78f07c33c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582667631352534","authorIdStr":"3582667631352534"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100963877","repostId":"1105038014","repostType":4,"isVote":1,"tweetType":1,"viewCount":2082,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100969969,"gmtCreate":1619574745551,"gmtModify":1634211639287,"author":{"id":"3582667631352534","authorId":"3582667631352534","name":"Pbrz","avatar":"https://static.tigerbbs.com/f575448d364119faae878fb78f07c33c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582667631352534","authorIdStr":"3582667631352534"},"themes":[],"htmlText":"Fingers crossed!","listText":"Fingers crossed!","text":"Fingers crossed!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100969969","repostId":"1187199105","repostType":4,"repost":{"id":"1187199105","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619566832,"share":"https://www.laohu8.com/m/news/1187199105?lang=&edition=full","pubTime":"2021-04-28 07:40","market":"us","language":"en","title":"AMD stock rises after earnings show data-center sales more than doubling","url":"https://stock-news.laohu8.com/highlight/detail?id=1187199105","media":"Tiger Newspress","summary":"AMD increases full-year revenue guidance after record quarterly sales, stock jumps more than 3% in e","content":"<p>AMD increases full-year revenue guidance after record quarterly sales, stock jumps more than 3% in extended session<img src=\"https://static.tigerbbs.com/174cfb55080b96346856b267d6c023ed\" tg-width=\"706\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled to fuel record quarterly sales, and increased its revenue forecast for the year.</p><p>“In the first quarter, data-center product revenue more than doubled year-over-year and represented a high teens percentage of our overall revenue,” said AMD Chief Executive Lisa Su on a call with analysts. “We expect data-center product revenue to grow significantly as we go through the year driven by our strong pipeline of new cloud, enterprise and [high-performance computing] wins.”</p><p>Sales from enterprise embedded and semi-custom chips — the unit that includes data-center and gaming-console revenue — nearly quadrupled to $1.35 billion, compared with $348 million a year ago. Analysts surveyed by FactSet expected $1.3 billion. Su’s comments about data-center revenue were helpful asAMD does not break out data-center sales from gaming sales.</p><p>“I think we saw actually strong signals in the first quarter that it would be a strong data-center year for us,” Su told analysts.</p><p>Last week, Intel Corp said the data-center market was in a“digestion phase,”contributing to a 20% drop in sales for data centers, yetanalysts pointed to increased competition from AMD and ARM Holdings PLC.</p><p>AMD reported first-quarter net income of $555 million, or 45 cents a share, compared with $162 million, or 14 cents a share, in the year-ago period. After adjusting for stock-based compensation and other factors, the Santa Clara, Calif.-based company reported earnings of 52 cents a share, compared with 18 cents a share in the year-ago period. Revenue rose to $3.45 billion from $1.79 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had forecast adjusted earnings of 44 cents a share on revenue of $3.18 billion, and AMD projected between $3.1 billion and $3.3 billion.</p><p>AMD reported first-quarter sales of $2.1 billion for computing and graphics chips, up 46% from $1.44 billion last year, compared with analyst expectations of $1.89 billion.</p><p>Executives also increased AMD’s guidance for the full year, to a sales increase of about 50% from previous guidance of a roughly 37% increase. AMD reported revenue of $9.67 billion last year, suggesting sales of about $14.65 billion this year; analysts had been forecasting revenue of $13.46 billion, according to FactSet.</p><p>AMD expects second-quarter revenue of $3.5 billion to $3.7 billion, while analysts had been projecting $3.23 billion, according to FactSet.</p><p>Shares gained more than 3% in after-hours trading, following a 0.2% decline in the regular session to close at $85.21.</p><p>AMD’s strong earnings come amid a continuing shortage of microchips to sate demand from global industries, and the companies that make the silicon wafers that chip designs use, work to clear waiting lists that span several months.</p><p>More of how the chip sector is dealing with supply shortages will be revealed this week, with Qualcomm Inc.QCOM,-0.68%earnings on Wednesday and KLA Corp.KLAC,-1.58%earnings on Thursday.</p><p>Over the past 12 months, AMD shares have gained 51%. In comparison, the PHLX Semiconductor IndexSOX,-0.76%has gained 87%, the S&P 500 index has risen 54%, and the tech-heavy Nasdaq Composite Index is up 61%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD stock rises after earnings show data-center sales more than doubling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD stock rises after earnings show data-center sales more than doubling\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-28 07:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AMD increases full-year revenue guidance after record quarterly sales, stock jumps more than 3% in extended session<img src=\"https://static.tigerbbs.com/174cfb55080b96346856b267d6c023ed\" tg-width=\"706\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled to fuel record quarterly sales, and increased its revenue forecast for the year.</p><p>“In the first quarter, data-center product revenue more than doubled year-over-year and represented a high teens percentage of our overall revenue,” said AMD Chief Executive Lisa Su on a call with analysts. “We expect data-center product revenue to grow significantly as we go through the year driven by our strong pipeline of new cloud, enterprise and [high-performance computing] wins.”</p><p>Sales from enterprise embedded and semi-custom chips — the unit that includes data-center and gaming-console revenue — nearly quadrupled to $1.35 billion, compared with $348 million a year ago. Analysts surveyed by FactSet expected $1.3 billion. Su’s comments about data-center revenue were helpful asAMD does not break out data-center sales from gaming sales.</p><p>“I think we saw actually strong signals in the first quarter that it would be a strong data-center year for us,” Su told analysts.</p><p>Last week, Intel Corp said the data-center market was in a“digestion phase,”contributing to a 20% drop in sales for data centers, yetanalysts pointed to increased competition from AMD and ARM Holdings PLC.</p><p>AMD reported first-quarter net income of $555 million, or 45 cents a share, compared with $162 million, or 14 cents a share, in the year-ago period. After adjusting for stock-based compensation and other factors, the Santa Clara, Calif.-based company reported earnings of 52 cents a share, compared with 18 cents a share in the year-ago period. Revenue rose to $3.45 billion from $1.79 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had forecast adjusted earnings of 44 cents a share on revenue of $3.18 billion, and AMD projected between $3.1 billion and $3.3 billion.</p><p>AMD reported first-quarter sales of $2.1 billion for computing and graphics chips, up 46% from $1.44 billion last year, compared with analyst expectations of $1.89 billion.</p><p>Executives also increased AMD’s guidance for the full year, to a sales increase of about 50% from previous guidance of a roughly 37% increase. AMD reported revenue of $9.67 billion last year, suggesting sales of about $14.65 billion this year; analysts had been forecasting revenue of $13.46 billion, according to FactSet.</p><p>AMD expects second-quarter revenue of $3.5 billion to $3.7 billion, while analysts had been projecting $3.23 billion, according to FactSet.</p><p>Shares gained more than 3% in after-hours trading, following a 0.2% decline in the regular session to close at $85.21.</p><p>AMD’s strong earnings come amid a continuing shortage of microchips to sate demand from global industries, and the companies that make the silicon wafers that chip designs use, work to clear waiting lists that span several months.</p><p>More of how the chip sector is dealing with supply shortages will be revealed this week, with Qualcomm Inc.QCOM,-0.68%earnings on Wednesday and KLA Corp.KLAC,-1.58%earnings on Thursday.</p><p>Over the past 12 months, AMD shares have gained 51%. In comparison, the PHLX Semiconductor IndexSOX,-0.76%has gained 87%, the S&P 500 index has risen 54%, and the tech-heavy Nasdaq Composite Index is up 61%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187199105","content_text":"AMD increases full-year revenue guidance after record quarterly sales, stock jumps more than 3% in extended sessionAdvanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled to fuel record quarterly sales, and increased its revenue forecast for the year.“In the first quarter, data-center product revenue more than doubled year-over-year and represented a high teens percentage of our overall revenue,” said AMD Chief Executive Lisa Su on a call with analysts. “We expect data-center product revenue to grow significantly as we go through the year driven by our strong pipeline of new cloud, enterprise and [high-performance computing] wins.”Sales from enterprise embedded and semi-custom chips — the unit that includes data-center and gaming-console revenue — nearly quadrupled to $1.35 billion, compared with $348 million a year ago. Analysts surveyed by FactSet expected $1.3 billion. Su’s comments about data-center revenue were helpful asAMD does not break out data-center sales from gaming sales.“I think we saw actually strong signals in the first quarter that it would be a strong data-center year for us,” Su told analysts.Last week, Intel Corp said the data-center market was in a“digestion phase,”contributing to a 20% drop in sales for data centers, yetanalysts pointed to increased competition from AMD and ARM Holdings PLC.AMD reported first-quarter net income of $555 million, or 45 cents a share, compared with $162 million, or 14 cents a share, in the year-ago period. After adjusting for stock-based compensation and other factors, the Santa Clara, Calif.-based company reported earnings of 52 cents a share, compared with 18 cents a share in the year-ago period. Revenue rose to $3.45 billion from $1.79 billion in the year-ago quarter.Analysts surveyed by FactSet had forecast adjusted earnings of 44 cents a share on revenue of $3.18 billion, and AMD projected between $3.1 billion and $3.3 billion.AMD reported first-quarter sales of $2.1 billion for computing and graphics chips, up 46% from $1.44 billion last year, compared with analyst expectations of $1.89 billion.Executives also increased AMD’s guidance for the full year, to a sales increase of about 50% from previous guidance of a roughly 37% increase. AMD reported revenue of $9.67 billion last year, suggesting sales of about $14.65 billion this year; analysts had been forecasting revenue of $13.46 billion, according to FactSet.AMD expects second-quarter revenue of $3.5 billion to $3.7 billion, while analysts had been projecting $3.23 billion, according to FactSet.Shares gained more than 3% in after-hours trading, following a 0.2% decline in the regular session to close at $85.21.AMD’s strong earnings come amid a continuing shortage of microchips to sate demand from global industries, and the companies that make the silicon wafers that chip designs use, work to clear waiting lists that span several months.More of how the chip sector is dealing with supply shortages will be revealed this week, with Qualcomm Inc.QCOM,-0.68%earnings on Wednesday and KLA Corp.KLAC,-1.58%earnings on Thursday.Over the past 12 months, AMD shares have gained 51%. In comparison, the PHLX Semiconductor IndexSOX,-0.76%has gained 87%, the S&P 500 index has risen 54%, and the tech-heavy Nasdaq Composite Index is up 61%.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":1322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}