{"id":57222,"date":"2020-07-28T22:39:59","date_gmt":"2020-07-28T20:39:59","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=57222"},"modified":"2020-07-28T22:39:59","modified_gmt":"2020-07-28T20:39:59","slug":"amd-reports-second-quarter-2020-financial-results","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/57222-amd-reports-second-quarter-2020-financial-results\/","title":{"rendered":"AMD<\/span> Reports Second Quarter 2020 Financial Results"},"content":{"rendered":"
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Reve\u00adnue grows 26 per\u00adcent year-over-year dri\u00adven by Ryzen\u2122 and EPYC<\/span>\u2122 pro\u00adces\u00adsor sales<\/b><\/center>
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SANTA<\/span> CLARA<\/span>, Calif., July 28, 2020 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 AMD<\/span><\/a> (NASDAQ<\/span>:AMD<\/span>) today announ\u00adced reve\u00adnue for the second quar\u00adter of 2020 of $1.93 bil\u00adli\u00adon, ope\u00adra\u00adting inco\u00adme of $173 mil\u00adli\u00adon, net inco\u00adme of $157 mil\u00adli\u00adon and diluted ear\u00adnings per share of $0.13. On a non-GAAP* basis, ope\u00adra\u00adting inco\u00adme was $233 mil\u00adli\u00adon, net inco\u00adme was $216 mil\u00adli\u00adon and diluted ear\u00adnings per share was $0.18.<\/p>\n

GAAP<\/span> Quar\u00adter\u00adly Finan\u00adcial Results<\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n\n
 <\/td>\nQ2<\/span> 2020<\/strong>
\n<\/strong><\/td>\n		 <\/td>\nQ2<\/span> 2019<\/strong>
\n<\/strong><\/td>\n		 <\/td>\nY\/Y<\/strong><\/td>\nQ1<\/span> 2020<\/strong>
\n<\/strong><\/td>\n		 <\/td>\nQ\/Q<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($B)<\/td>\n$1.93<\/td>\n <\/td>\n$1.53<\/td>\n <\/td>\nUp 26%<\/td>\n$1.79<\/td>\n <\/td>\nUp 8%<\/td>\n<\/tr>\n
Gross mar\u00adgin<\/td>\n44%<\/td>\n <\/td>\n41%<\/td>\n <\/td>\nUp 3pp<\/td>\n46%<\/td>\n <\/td>\nDown 2pp<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$675<\/td>\n <\/td>\n$562<\/td>\n <\/td>\nUp $113<\/td>\n$641<\/td>\n <\/td>\nUp $34<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$173<\/td>\n <\/td>\n$59<\/td>\n <\/td>\nUp $114<\/td>\n$177<\/td>\n <\/td>\nDown $4<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$157<\/td>\n <\/td>\n$35<\/td>\n <\/td>\nUp $122<\/td>\n$162<\/td>\n <\/td>\nDown $5<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$0.13<\/td>\n <\/td>\n$0.03<\/td>\n <\/td>\nUp $0.10<\/td>\n$0.14<\/td>\n <\/td>\nDown $0.01<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Non-GAAP* Quar\u00adter\u00adly Finan\u00adcial Results<\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n\n\n
 <\/td>\nQ2<\/span> 2020<\/strong><\/td>\nQ2<\/span> 2019<\/strong><\/td>\nY\/Y<\/strong><\/td>\nQ1<\/span> 2020<\/strong><\/td>\nQ\/Q<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($B)<\/td>\n$1.93<\/td>\n <\/td>\n$1.53<\/td>\n <\/td>\nUp 26%<\/td>\n$1.79<\/td>\n <\/td>\nUp 8%<\/td>\n<\/tr>\n
Gross mar\u00adgin<\/td>\n44%<\/td>\n <\/td>\n41%<\/td>\n <\/td>\nUp 3pp<\/td>\n46%<\/td>\n <\/td>\nDown 2pp<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$617<\/td>\n <\/td>\n$512<\/td>\n <\/td>\nUp $105<\/td>\n$584<\/td>\n <\/td>\nUp $33<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$233<\/td>\n <\/td>\n$111<\/td>\n <\/td>\nUp $122<\/td>\n$236<\/td>\n <\/td>\nDown $3<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$216<\/td>\n <\/td>\n$92<\/td>\n <\/td>\nUp $124<\/td>\n$222<\/td>\n <\/td>\nDown $6<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$0.18<\/td>\n <\/td>\n$0.08<\/td>\n <\/td>\nUp $0.10<\/td>\n$0.18<\/td>\n <\/td>\nFlat<\/td>\n<\/tr>\n
 <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\u201c<\/span>We deli\u00adver\u00aded strong second quar\u00adter results, led by record note\u00adbook and ser\u00adver pro\u00adces\u00adsor sales as Ryzen and EPYC<\/span> reve\u00adnue more than dou\u00adbled from a year ago,\u201d said Dr. Lisa Su, AMD<\/span> pre\u00adsi\u00addent and CEO<\/span>. \u201cDespi\u00adte some macroe\u00adco\u00adno\u00admic uncer\u00adtain\u00adty, we are rai\u00adsing our full-year reve\u00adnue out\u00adlook as we enter our next pha\u00adse of growth dri\u00adven by the acce\u00adle\u00adra\u00adti\u00adon of our busi\u00adness in mul\u00adti\u00adple markets.\u201d<\/p>\n

Q2<\/span> 2020 Results<\/strong><\/p>\n