AMD Reports Third Quarter 2021 Financial Results

— Revenue increased 54 percent year-over-year —
— Gross Margin grew more than 4 percentage points year-over-year to 48 percent —

SANTA CLARA, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the third quarter of 2021 of $4.3 billion, operating income of $948 million, net income of $923 million and diluted earnings per share of $0.75. On a non-GAAP* basis, operating income was $1.1 billion, net income was $893 million and diluted earnings per share were $0.73.

GAAP Quarterly Financial Results

  Q3 2021 Q3 2020 Y/Y Q2 2021 Q/Q
Revenue ($M) $4,313 $2,801 Up 54% $3,850 Up 12%
Gross profit ($M) $2,086 $1,230 Up 70% $1,830 Up 14%
Gross margin % 48% 44% Up 450 bps 48% Up 80 bps
Operating expenses ($M) $1,141 $781 Up 46% $1,000 Up 14%
Operating income ($M) $948 $449 Up 111% $831 Up 14%
Operating margin % 22% 16% Up 6pp 22% Flat
Net income ($M) $923 $390 Up 137% $710 Up 30%
Earnings per share $0.75 $0.32 Up 134% $0.58 Up 29%

Non-GAAP* Quarterly Financial Results

  Q3 2021 Q3 2020 Y/Y Q2 2021 Q/Q
Revenue ($M) $4,313 $2,801 Up 54% $3,850 Up 12%
Gross profit ($M) $2,087 $1,231 Up 70% $1,832 Up 14%
Gross margin % 48% 44% Up 440 bps 48% Up 80 bps
Operating expenses ($M) $1,035 $706 Up 47% $909 Up 14%
Operating income ($M) $1,055 $525 Up 101% $924 Up 14%
Operating margin % 24% 19% Up 5pp 24% Flat
Net income ($M) $893 $501 Up 78% $778 Up 15%
Earnings per share $0.73 $0.41 Up 78% $0.63 Up 16%

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »
Featured Video
Jobs
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Equipment Engineer, Raxium for Google at Fremont, California
Business Technology Analyst for Surface Water Management at Everett, Washington
Upcoming Events
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
Greenbuild 2024 at Pennsylvania Convention Center Philadelphia PA - Nov 12 - 15, 2024
Digital Construction North (DCN) 2024 at Manchester Central. Manchester United Kingdom - Nov 13, 2024
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise