Shares of several companies in the broader tech sector, including Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading lower in sympathy with Asana (NYSE:ASAN) and DocuSign (NASDAQ:DOCU) after the companies reported their third-quarter earnings results.
Asana reported quarterly losses of 23 cents per share which beat the analyst consensus estimate of a loss of 26 cents per share. The company reported quarterly sales of $100.30 million which beat the analyst consensus estimate of $93.86 million by 7%.
DocuSign reported quarterly earnings of 58 cents per share which beat the analyst consensus estimate of 46 cents per share. The company reported quarterly sales of $545.46 million which beat the analyst consensus estimate of $530.63 million by 3%.
AMD is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets.
AMD has a 52-week high of $164.46 and a 52-week low of $72.50.
