AMD and These 3 Top Tech Stocks Announced Earnings You Must Know

CA Technologies (NASDAQ:CA) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -4.56% to $251 million (63 cents per diluted share) in the quarter versus a net gain of $263 million in the year-earlier quarter. Revenue decreased 4.99% to $1.2 billion from the year-earlier quarter.

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CA Technologies reported adjusted net income of 63 cents per share. By that measure, the company beat the mean analyst estimate of $0.61. It beat the average revenue estimate of $1.17 billion.

CA

Advanced Micro Devices, Inc. (NYSE:AMD) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. Net loss was $102 million (loss of 14 cents per diluted share) in the quarter versus a net loss of $177 million in the year-earlier quarter. Revenue decreased 31.4% to $1.16 billion from the year-earlier quarter.

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Advanced Micro Devices, Inc. reported adjusted net loss of 14 cents per share. By that measure, the company met the mean analyst estimate of $0. It beat the average revenue estimate of $1.15 billion.

AMD

Cree Inc. (NASDAQ:CREE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income increased 205.46% to $36.9 million (32 cents per diluted share) in the quarter versus a net gain of $12.08 million in the year-earlier quarter. Revenue rose 13.87% to $346.3 million from the year-earlier quarter.

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Cree Inc. reported adjusted net income of 32 cents per share. By that measure, the company beat the mean analyst estimate of $0.3. It beat the average revenue estimate of $331.2 million.

CREE

Motorola, Inc. (NYSE:MSI) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Net income increased 129.89% to $423 million ($1.18 per diluted share) in the quarter versus a net gain of $184 million in the year-earlier quarter. Revenue rose 9.22% to $2.44 billion from the year-earlier quarter.

Motorola, Inc. reported adjusted net income of $1.10 per share. By that measure, the company beat the mean analyst estimate of $1.02. It missed the average revenue estimate of $2.45 billion.

MSI

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