AMD Reports First Quarter 2020 Financial Results

SANTA CLARA, Calif., April 28, 2020 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the first quarter of 2020 of $1.79 billion, operating income of $177 million, net income of $162 million and diluted earnings per share of $0.14. On a non-GAAP* basis, operating income was $236 million, net income was $222 million and diluted earnings per share was $0.18.

GAAP Quarterly Financial Results

  Q1 2020 Q1 2019 Y/Y Q4 2019 Q/Q
Revenue ($B)$1.79$1.27Up 40%$2.13Down 16%
Gross margin46%41%Up 5pp45%Up 1pp
Operating expenses ($M)$641$543Up $98$601Up $40
Operating income ($M)$177$38Up $139$348Down $171
Net income ($M)$162$16Up $146$170Down $8
Earnings per share$0.14$0.01Up $0.13$0.15Down $0.01

Non-GAAP* Quarterly Financial Results

  Q1 2020 Q1 2019 Y/Y Q4 2019 Q/Q
Revenue ($B) $1.79 $1.27 Up 40% $2.13 Down 16%
Gross margin 46% 41% Up 5pp 45% Up 1pp
Operating expenses ($M) $584 $498 Up $86 $545 Up $39
Operating income ($M) $236 $84 Up $152 $405 Down $169
Net income ($M) $222 $62 Up $160 $383 Down $161
Earnings per share $0.18 $0.06 Up $0.12 $0.32 Down $0.14

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



Review Article Be the first to review this article
SolidCAM - Learn More


Featured Video
Editorial
Jobs
ROV Pilot II for TechnipFMC at Houston,, Texas
Mechanical Designer for TechnipFMC at Houston,, Texas
Geographic Information System Analyst II for State of Idaho at Boise, Idaho
GIS Analyst #14713 for State of Missouri at Jefferson City,, Missouri
Upcoming Events
ASME AM Medical Virtual Summit at NY - May 27, 2020
Altair 2020 Global Experience | Worldwide Virtual Event at Worldwide Virtual Event - Jun 3 - 4, 2020
Sensors Expo & Conference at SAN JOSE CA - Jun 9 - 11, 2020
Realize LIVE 2020 at Mandalay Bay Las Vegas NV - Jun 22 - 25, 2020
Kenesto: 30 day trial
MasterCAM



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise