Advanced Micro Devices (AMD) Revenues, Guidance Misses Views
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AMD Reports Third Quarter 2018 Financial Results
October 24, 2018 4:30 PM EDTRevenue, gross margin and profitability grew year-over-year for the fifth straight quarter; gross margin expanded to 40 percent
SANTA CLARA, Calif., Oct. 24, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the third quarter of 2018 of $1.65 billion, operating income of $150 million, net income of $102 million and diluted earnings per share of $0.09. On a non-GAAP(1) basis, operating income was $186 million, net income was $150 million and diluted earnings per share was $0.13.Â
GAAP Financial Results
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