AMD Reports Fourth Quarter and Annual 2019 Financial Results
| |
Q4 2019 |
Q4 2018 |
Y/Y |
Q3 2019 |
Q/Q |
| Revenue ($B) |
$ |
2.13 |
|
$ |
1.42 |
|
Up 50% |
$ |
1.80 |
|
Up 18% |
| Gross margin |
|
45 |
% |
|
41 |
% |
Up 4pp |
|
43 |
% |
Up 2pp |
| Operating expense ($M) |
$ |
545 |
|
$ |
474 |
|
Up $71 |
$ |
539 |
|
Up $6 |
| Operating income ($M) |
$ |
405 |
|
$ |
109 |
|
Up $296 |
$ |
240 |
|
Up $165 |
| Net income ($M) |
$ |
383 |
|
$ |
87 |
|
Up $296 |
$ |
219 |
|
Up $164 |
| Earnings per share |
$ |
0.32 |
|
$ |
0.08 |
|
Up $0.24 |
$ |
0.18 |
|
Up $0.14 |
Annual Financial Results
| |
GAAP |
Non-GAAP
(*) |
| |
|
2019 |
|
|
2018 |
|
Y/Y |
|
2019 |
|
|
2018 |
|
Y/Y |
| Revenue ($B) |
$ |
6.73 |
|
$ |
6.48 |
|
Up 4% |
$ |
6.73 |
|
$ |
6.48 |
|
Up 4% |
| Gross margin |
|
43 |
% |
|
38 |
% |
Up 5pp |
|
43 |
% |
|
39 |
% |
Up 4pp |
| Operating expense ($B) |
$ |
2.30 |
|
$ |
2.00 |
|
Up $0.30 |
$ |
2.09 |
|
$ |
1.86 |
|
Up $0.23 |
| Operating income ($M) |
$ |
631 |
|
$ |
451 |
|
Up $180 |
$ |
840 |
|
$ |
633 |
|
Up $207 |
| Net income ($M) |
$ |
341 |
|
$ |
337 |
|
Up $4 |
$ |
756 |
|
$ |
514 |
|
Up $242 |
| Earnings per share |
$ |
0.30 |
|
$ |
0.32 |
|
Down $0.02 |
$ |
0.64 |
|
$ |
0.46 |
|
Up $0.18 |
