Today's video focuses on upcoming earnings for Advanced Micro Devices (AMD +2.45%) and Unity Software (U +0.70%). Both companies have made numerous announcements in the past few months. Here are some highlights from the video.
- AMD is scheduled to release earnings on Tuesday, Feb. 1, after the market closes. Analysts expect revenue of $4.52 billion, representing roughly 39% year-over-year (YOY) growth.
- Unity is scheduled to release earnings on Thursday, Feb. 3, after the market closes. Analysts expect revenue of $295.7 million, representing roughly 35% YOY growth.
- Both companies have given updates on recent acquisitions in the past few months. On Dec. 1, Unity announced that it had completed its acquisition of Weta, a VFX studio that has helped create hit movies like Avatar and Lord of the Rings. On Jan. 24, Unity announced that it had acquired Ziva Dynamics, a leader in sophisticated simulation, to help accelerate its real-time 3D content. On Jan. 27, AMD announced that it had received the final approvals needed to proceed with its Xilinx (XLNX +0.00%) acquisition.
Click the video below for my full thoughts and analysis.
*Stock prices used were the market prices of Jan. 31, 2022. The video was published on Jan. 31, 2022.
