AMD Meets Expectations
AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2019 of $1.80 billion, operating income of $186 million, net income of $120 million and diluted earnings per share of $0.11. On a non-GAAP(*) basis, operating income was $240 million, net income was $219 million and diluted earnings per share was $0.18.
Lisa Su - “strong third quarter execution and results. We delivered our highest quarterly revenue since 2005, our highest quarterly gross margin since 2012”
“Computing and Graphics segment. Revenue increased 36% year-over-year and sequentially.”
“ The number of AMD-powered laptops from major OEMs has increased by 50% this year,”
“In server, we had our highest quarterly CPU revenue since 2006, as strong second-generation EPYC processor demand grow a greater than 50% sequential increase in unit shipments and revenue.”
http://ir.amd.com/news-releases/new...-reports-third-quarter-2019-financial-results
AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2019 of $1.80 billion, operating income of $186 million, net income of $120 million and diluted earnings per share of $0.11. On a non-GAAP(*) basis, operating income was $240 million, net income was $219 million and diluted earnings per share was $0.18.
Lisa Su - “strong third quarter execution and results. We delivered our highest quarterly revenue since 2005, our highest quarterly gross margin since 2012”
“Computing and Graphics segment. Revenue increased 36% year-over-year and sequentially.”
“ The number of AMD-powered laptops from major OEMs has increased by 50% this year,”
“In server, we had our highest quarterly CPU revenue since 2006, as strong second-generation EPYC processor demand grow a greater than 50% sequential increase in unit shipments and revenue.”
http://ir.amd.com/news-releases/new...-reports-third-quarter-2019-financial-results
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