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All the things you’ll want to learn about Superior Micro Units’ Q3 earnings

by Index Investing News
October 30, 2024
in Markets
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Chipmaker Superior Micro Units, Inc. (NASDAQ: AMD) reported a rise in income and adjusted earnings for the third quarter of 2024.

All the things you’ll want to learn about Superior Micro Units’ Q3 earnings

Third-quarter earnings, on an adjusted foundation, rose to $0.92 per share from $0.70 per share within the corresponding interval final yr. Earnings topped expectations. On a reported foundation, internet earnings was $771 million or $0.47 per share in Q3, in comparison with $299 million or $0.18 per share within the prior-year interval.

Revenues elevated to $6.82 billion within the September quarter from $5.8 billion within the comparable interval of fiscal 2023, because the restoration in chip demand continued.

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