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
Jobs
Senior ArcGIS® Developer for TerraGo Technologies at Sterling, Virginia
PROGRAMMER ANALYST IV/ DO for City of Houston at Houston, Texas
GIS Spec I /Meteorological for University of Nebraska at lincoln, Nebraska
GIS Manager for Union County NC at Monroe, California
GIS Analyst for Union County NC at Monroe, California
GIS Analyst for City of Carrollton at Carrollton, Texas
Upcoming Events
GEO Business at ExCel London United Kingdom - May 19 - 20, 2021
FOSSGIS-Konferenz 2021 at OST - Ostschweizer Fachhochschule Campus Rapperswil Oberseestrasse 10 Rapperswil Switzerland - Jun 6 - 9, 2021
GI_Forum 2021 | re.connecting spatially at Salzburg Austria - Jul 5 - 9, 2021
InterDrone 2021 at Hyatt Regency Dallas TX - Aug 10 - 12, 2021
University of Denver GIS Masters Degree Online



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise