SANTA CLARA, Calif., July 28, 2020 (GLOBE NEWSWIRE) --
AMD (NASDAQ:AMD) today announced revenue for the second quarter of 2020 of $1.93 billion, operating income of $173 million, net income of $157 million and diluted earnings per share of $0.13. On a non-GAAP* basis, operating income was $233 million, net income was $216 million and diluted earnings per share was $0.18.
GAAP Quarterly Financial Results
Q2 2020
|
Q2 2019
| Y/Y |
Q1 2020
| Q/Q | |||||||
Revenue ($B) | $1.93 | $1.53 | Up 26% | $1.79 | Up 8% | ||||||
Gross margin | 44% | 41% | Up 3pp | 46% | Down 2pp | ||||||
Operating expenses ($M) | $675 | $562 | Up $113 | $641 | Up $34 | ||||||
Operating income ($M) | $173 | $59 | Up $114 | $177 | Down $4 | ||||||
Net income ($M) | $157 | $35 | Up $122 | $162 | Down $5 | ||||||
Earnings per share | $0.13 | $0.03 | Up $0.10 | $0.14 | Down $0.01 |
Non-GAAP* Quarterly Financial Results