{"id":63015,"date":"2021-07-27T23:40:33","date_gmt":"2021-07-27T21:40:33","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=63015"},"modified":"2021-07-27T23:40:34","modified_gmt":"2021-07-27T21:40:34","slug":"amd-reports-second-quarter-2021-financial-results","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/63015-amd-reports-second-quarter-2021-financial-results\/","title":{"rendered":"AMD<\/span> Reports Second Quarter 2021 Financial Results"},"content":{"rendered":"

\u2014 Reve\u00adnue increased 99 per\u00adcent year-over-year; Gross Mar\u00adgin expan\u00added to 48 percent \u2014<\/p>\n

SANTA<\/span> CLARA<\/span>, Calif., July 27, 2021 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 AMD<\/span><\/a> (NASDAQ<\/span>:AMD<\/span>) today announ\u00adced reve\u00adnue for the second quar\u00adter of 2021 of $3.85 bil\u00adli\u00adon, ope\u00adra\u00adting inco\u00adme of $831 mil\u00adli\u00adon, net inco\u00adme of $710 mil\u00adli\u00adon and diluted ear\u00adnings per share of $0.58. On a non-GAAP* basis, ope\u00adra\u00adting inco\u00adme was $924 mil\u00adli\u00adon, net inco\u00adme was $778 mil\u00adli\u00adon and diluted ear\u00adnings per share was $0.63.<\/p>\n

GAAP<\/span> Quar\u00adter\u00adly Finan\u00adcial Results<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
 <\/td>\nQ2<\/span> 2021<\/strong><\/td>\nQ2<\/span> 2020<\/strong><\/td>\nY\/Y<\/strong><\/td>\nQ1<\/span> 2021<\/strong><\/td>\nQ\/Q<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$3,850<\/td>\n$1,932<\/td>\nUp 99%<\/td>\n$3,445<\/td>\nUp 12%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$1,830<\/td>\n$848<\/td>\nUp 116%<\/td>\n$1,587<\/td>\nUp 15%<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n48%<\/td>\n44%<\/td>\nUp 4pp<\/td>\n46%<\/td>\nUp 2pp<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$1,000<\/td>\n$675<\/td>\nUp 48%<\/td>\n$929<\/td>\nUp 8%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$831<\/td>\n$173<\/td>\nUp 380%<\/td>\n$662<\/td>\nUp 26%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n22%<\/td>\n9%<\/td>\nUp 13pp<\/td>\n19%<\/td>\nUp 3pp<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$710<\/td>\n$157<\/td>\nUp 352%<\/td>\n$555<\/td>\nUp 28%<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$0.58<\/td>\n$0.13<\/td>\nUp 346%<\/td>\n$0.45<\/td>\nUp 29%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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> 2021<\/strong><\/td>\nQ2<\/span> 2020<\/strong><\/td>\nY\/Y<\/strong><\/td>\nQ1<\/span> 2021<\/strong><\/td>\nQ\/Q<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$3,850<\/td>\n$1,932<\/td>\nUp 99%<\/td>\n$3,445<\/td>\nUp 12%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$1,832<\/td>\n$850<\/td>\nUp 116%<\/td>\n$1,588<\/td>\nUp 15%<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n48%<\/td>\n44%<\/td>\nUp 4pp<\/td>\n46%<\/td>\nUp 2pp<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$909<\/td>\n$617<\/td>\nUp 47%<\/td>\n$830<\/td>\nUp 10%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$924<\/td>\n$233<\/td>\nUp 297%<\/td>\n$762<\/td>\nUp 21%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n24%<\/td>\n12%<\/td>\nUp 12pp<\/td>\n22%<\/td>\nUp 2pp<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$778<\/td>\n$216<\/td>\nUp 260%<\/td>\n$642<\/td>\nUp 21%<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$0.63<\/td>\n$0.18<\/td>\nUp 250%<\/td>\n$0.52<\/td>\nUp 21%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u201c<\/span>Our busi\u00adness per\u00adfor\u00admed excep\u00adtio\u00adnal\u00adly well in the second quar\u00adter as reve\u00adnue and ope\u00adra\u00adting mar\u00adgin dou\u00adbled and pro\u00adfi\u00adta\u00adbi\u00adli\u00adty more than tri\u00adpled year-over-year,\u201d said AMD<\/span> pre\u00adsi\u00addent and CEO<\/span> Lisa Su. \u201cWe are gro\u00adwing signi\u00adfi\u00adcant\u00adly fas\u00adter than the mar\u00adket with strong demand across all of our busi\u00adnesses. We now expect our 2021 annu\u00adal reve\u00adnue to grow by appro\u00adxi\u00adm\u00adate\u00adly 60 per\u00adcent year-over-year dri\u00adven by strong exe\u00adcu\u00adti\u00adon and increased cus\u00adto\u00admer pre\u00adfe\u00adrence for our lea\u00adder\u00adship products.\u201d<\/p>\n

Q2<\/span> 2021 Results<\/strong><\/p>\n