AlphaNow highlighted yesterday that all nine S&P 500 technology companies that reported Q3 earnings last week (October 11 through October 17) delivered earnings beats.
Technology sectors snapshots
Advanced Micro Devices, Inc. (NYSE:AMD) declared EPS of $0.04 and revenue of $1.46B that beat estimates by $0.02 and $0.05B respectively. The company’s graphics business took up the slack from its PC processor division which is seeing a slowdown.
Semiconductors manufacturer Intel Corporation (NASDAQ:INTC) reported EPS of $0.58 and revenue of $13.48B that beat consensus forecasts by $0.05 and $0.01B...
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