Advanced Micro Devices (AMD) Tops Q4 EPS by 3c, Offers Q1 Revenue Guidance

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AMD Reports Fourth Quarter and Annual 2017 Financial Results

January 30, 2018 4:05 PM EST

SANTA CLARA, Calif., Jan. 30, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the fourth quarter of 2017 of $1.48 billion, operating income of $82 million and net income of $61 million or diluted earnings per share of $0.06. Non-GAAP(1) operating income was $103 million, non-GAAP(1) net income was $88 million and non-GAAP(1) diluted earnings per share was $0.08.

For fiscal 2017, the Company reported revenue of $5.33 billion, operating income of $204 million and net income of $43 million or diluted earnings per share of $0.04.  Non-GAAP(1) operating income was $301... More