Chipmaker Superior Micro Gadgets, Inc. (NASDAQ: AMD) on Tuesday reported a rise in income and adjusted earnings for the third quarter of fiscal 2025. The numbers exceeded Wall Avenue’s expectations.
Adjusted earnings have been $1.20 per share within the third quarter, in comparison with $0.92 per share in the identical interval of 2024. On a reported foundation, internet revenue got here in at $1.24 billion or $0.75 per share in Q3, vs. $771 million or $0.47 per share within the prior-year interval.
Driving the underside line progress, Q3 revenues elevated to $9.25 billion from $6.82 billion within the comparable interval of the prior 12 months. Each income and earnings exceeded analysts’ estimates.
Lisa Su, AMD’s CEO, mentioned, “Our report third-quarter efficiency and robust fourth quarter steerage marks a transparent step up in our progress trajectory as our increasing compute franchise and quickly scaling knowledge middle AI enterprise drive vital income and earnings progress.”
