Baird Reiterates Outperform on Advanced Micro Devices (AMD) Following 2Q Report

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AMD Reports Second Quarter 2018 Financial Results

July 25, 2018 4:42 PM EDT

Revenue increased 53 percent year-over-year; gross margin expanded to 37 percent

SANTA CLARA, Calif., July 25, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the second quarter of 2018 of $1.76 billion, operating income of $153 million, net income of $116 million and diluted earnings per share of $0.11. On a non-GAAP(1) basis, operating income was $186 million, net income was $156 million and diluted earnings per share was $0.14.

GAAP Financial Results

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AMD Reports Second Quarter 2018 Financial Results

July 25, 2018 4:40 PM EDT

SANTA CLARA, Calif., July 25, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the second quarter of 2018 of $1.76 billion, operating income of $153 million, net income of $116 million and diluted earnings per share of $0.11. On a non-GAAP(1) basis, operating income was $186 million, net income was $156 million and diluted earnings per share was $0.14.

GAAP Financial Results

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