Thursday, May 24, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Uber Ends Arizona Self-driving Program
Apple to Offer $50 Rebates for iPhone Battery Swaps
Qualcomm Snapdragon XR1 SoC to be Dedicated to VR and AR Headsets
Next@Acer: Acer Debuts Premium Chromebooks, Gaming Desktops and Notebooks
LG Display and Google Develop an 18 megapixel 4.3-inch 1443 ppi 120 Hz OLED display for VR
IBM Crypto-Anchor Verifier, an AI-enabled Scanner for Visual Clues that Prove an Item's Authenticity
Facebook Marketplace Lets you Find House Cleaners, Plumbers
Samsung Display Showcases Future Display Technologies SID 2018
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > AMD Rep...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, October 24, 2017
AMD Reports Rise in Quarterly Revenue

Chipmaker Advanced Micro Devices Inc (AMD) reported a 25.7 percent rise in quarterly revenue on Tuesday, its sixth straight quarter rise, aided by a slew of launches such as the Epyc processors for servers and a new range of Ryzen desktop processors.

The company reported a net income of $71 million in the third-quarter ended Sept.30, compared with a loss of $406 million, a year earlier.

The chipmaker's revenue rose to $1.64 billion from $1.31 billion.

"Strong customer adoption of our new high-performance products drove significant revenue growth and improved financial results from a year ago," said Dr. Lisa Su, AMD president and CEO. "Our third quarter new product introductions and financial execution mark another important milestone as we establish AMD as a premier growth company in the technology industry."

The company's revenue was $1.64 billion, up 26 percent year-over-year, primarily driven by higher revenue in the Computing and Graphics segment (CG). Revenue was up 34 percent sequentially, driven by the Enterprise Embedded and Semi-Custom segment (EESC) revenue seasonality and higher revenue in CG. In the quarter, AMD closed a patent licensing transaction which positively impacted revenue in the segments.

Quarterly Financial Segment Summary

  • Computing and Graphics segment revenue was $819 million, up 74 percent year-over-year primarily driven by strong sales of Radeon graphics and Ryzen desktop processors.
  • Client average selling price (ASP) increased significantly year-over-year, due to higher desktop processor ASP driven by Ryzen processor sales.
    GPU ASP increased significantly year-over-year.
  • Operating income was $70 million, compared to an operating loss of $66 million a year ago. The year-over-year improvement was primarily driven by higher revenue.
  • Enterprise, Embedded and Semi-Custom segment revenue was $824 million, approximately flat year-over-year primarily driven by lower semi-custom SoC sales, mostly offset by IP related and EPYC processor revenue.
  • Operating income was $84 million, compared to $136 million a year ago. The year-over-year decrease was primarily due to higher costs partially offset by the net benefit of IP related items.
  • All Other operating loss was $28 million compared with an operating loss of $363 million a year ago. The year-over-year difference in operating loss was primarily related to the WSA charge in the year ago period.

Twitter to Show Who Pays for Ads        All News        iPhone X Available for pre-order on Friday, October 27
Twitter to Show Who Pays for Ads     General Computing News      New Metronome Cryptocurrency to Work on Multiple Blockchains

Get RSS feed Easy Print E-Mail this Message

Related News
Enmotus FuzeDrive Performance Benchmarks
New AMD Ryzen PRO Processors featured in Dell Latitude, HP Elite, and Lenovo Think Designs
AMD to start Sampling 7nm Instinct GPUs This Year
AMD Zen CPU Architect Jim Keller Joins Intel
AMD's Revenue increased 40 Percent year-over-year
2nd Generation AMD Ryzen Desktop Processors Arrive to Offer Great Value
2nd Generation AMD Ryzen Processors Available April 19
AMD's Radeon RX 500X Series Is Nothing Than Rebranded Older RX 500 Cards
AMD Releases new Spectre Updates
AMD to Fix 13 processors Vulnerabilities Reported by CTS Labs Research
AMD Chips Have Security Flaws, Report Claims
AMD's Project ReSX Makes Popular Games Run Smoother

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .