Stefan Mileschin

Reports revenue of US $1.76 billion, up by 53 percent Y/Y

AMD has announced its financial report for the second quarter or 2018, and it appears that the company did well, reporting revenues of $1.76 billion, up by 53 percent compared to the same quarter last year.

In addition to the high revenue of US $1.76 billion, which was also up by seven percent compared to the previous quarter, AMD reported operating income of $153 million, net income of $116 million, gross margin of 37 percent, and earnings per share of $0.11 (GAAP results).

This is a great financial quarter for AMD considering that a year ago the company was reporting an operating loss of $1 million and a net loss of $42 million.

https://fudzilla.com/news/46830-amd-...nancial-report