Advanced Micro Devices (NASDAQ:AMD) disclosed its fourth-quarter financial results, which were better than anticipated.

The semiconductor company reported an earnings per share (EPS) of $0.77, aligning with analyst predictions. AMD also demonstrated strong performance in revenue, achieving $6.2 billion, which exceeded the consensus estimate of $6.13 billion.

Despite the positive earnings report, AMD’s stock witnessed a 4% decrease in pre-market trading on Wednesday.

Looking to the future, AMD has set its revenue expectations for the upcoming quarter to be in the range of $5.1 billion to $5.7 billion. However, this projection is below the consensus estimate of $5.73 billion.

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