Sunday, August 19, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon to Release Live TV Recorder
U.S. Wants to Wiretap Facebook Messenger, Report Says
More Affordable, 13-inch MacBook and $160 AirPower Expected at Apple's Event
Google to Launch Its Own Smart Display, Report Says
Nvidia Reports Record Revenue From Datacenter, Gaming, Professional Visualization, Automotive
Arm Client CPU Roadmap Includes Advanced Hercules and Deimos Chips
Google To Release Lightweight Version of Android Pie for Entry-level Smartphones
Japan Accuses Apple of Pressuring Game Rivals: Nikkei
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.


Previous
Next
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
AMD Says New 2nd Generation, 32-core AMD Ryzen Threadripper Processors Break Boundaries of High-End Desktop Market
AMD Radeon Pro WX 8200 Delivers High Workstation Graphics Performance for Under $1,000
AMD 2nd Gen Threadripper 2990WX AND 2950X Available for Pre-order
New AMD Semi-Custom SOC Combines AMD Ryzen CPU and AMD Vega GPU for Gamers in China
AMD Unveils B450 Chipset-based Motherboards
AMD Reports High Quarterly Profit on New EPYC and Ryzen Sales
AMD's 7nm Processors to Compete With Intel's 10nm Chips
AMD Presents Modular Routing Design for Chiplet-based Systems
Benchmarks With the 32-core AMD Threadripper Appear Online
AMD Updates 3rd Generation Embedded G-Series SoC J Family
Computex: AMD to Launch 32-core Threadripper 2 this Year, Vega 7nm in the Works
AMD Ryzen 3 2300X And Ryzen 5 2500X Processor Details Leaked

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 .