AMD Reports Third Quarter 2020 Financial Results

Record revenue grew 56 percent and net income and EPS more than doubled year-over-year

SANTA CLARA, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced record revenue for the third quarter of 2020 of $2.80 billion, operating income of $449 million, net income of $390 million and diluted earnings per share of $0.32. On a non-GAAP* basis, operating income was $525 million, net income was $501 million and diluted earnings per share was $0.41.

GAAP Quarterly Financial Results

  Q3 2020 Q3 2019 Y/Y Q2 2020 Q/Q
Revenue ($M)$2,801$1,801Up 56%$1,932Up 45%
Gross profit ($M)$1,230$777Up 58%$848Up 45%
Gross margin44%43%Up 1pp44%Flat
Operating expenses ($M)$781$591Up 32%$675Up 16%
Operating income ($M)$449$186Up 141%$173Up 160%
Net income ($M)$390$120 Up 225% $157 Up 148%
Earnings per share $0.32 $0.11 Up 191% $0.13 Up 146%

Non-GAAP* Quarterly Financial Results

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »



Review Article Be the first to review this article
Featured Video
Latest Blog Posts
Akio Moriwaki3DEXPERIENCE Construction
by Akio Moriwaki
How 4,000 unique parts created a unique design challenge
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
Jobs
MECHANICAL ENGINEERING for L3Harris at Hamilton,, Canada
Upcoming Events
Building Innovation 2022 at Mayflower Hotel MD - Sep 26 - 28, 2022
10th Annual Global EPC Summit London September 2022 at London, UK United Kingdom - Sep 28 - 30, 2022



© 2022 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise