- Revenue grew 20 percent quarter-over-quarter;
Gross margin expanded to 41 percent, up 4 percentage points year-over-year -
SANTA CLARA, Calif., July 30, 2019 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the second quarter of 2019 of $1.53 billion, operating income of $59 million, net income of $35 million and diluted earnings per share of $0.03. On a non-GAAP(*) basis, operating income was $111 million, net income was $92 million and diluted earnings per share was $0.08.
GAAP Quarterly Financial Results
|
Q2 2019
|
Q2 2018
| Y/Y |
Q1 2019
| Q/Q | |||||||
| Revenue ($B) | $1.53 | $1.76 | Down 13% | $1.27 | Up 20% | ||||||
| Gross margin | 41% | 37% | Up 4 pp | 41% | Flat | ||||||
| Operating expense ($M) | $562 | $499 | Up $63 | $543 | Up $19 | ||||||
| Operating income ($M) | $59 | $153 | Down $94 | $38 | Up $21 | ||||||
| Net income ($M) | $35 | $116 | Down $81 | $16 | Up $19 | ||||||
| Earnings per share | $0.03 | $0.11 | Down $0.08 | $0.01 | Up $0.02 | ||||||
Non-GAAP(*) Quarterly Financial Results
