AMD (AMD) Reports In-Line Q2 EPS, Q3 Revenue Guidance Misses Views
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AMD Reports Second Quarter 2019 Financial Results
July 30, 2019 4:20 PM EDT- Revenue grew 20 percent quarter-over-quarter;Gross margin expanded to 41 percent, up 4 percentage points year-over-year -
SANTA CLARA, Calif., July 30, 2019 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the second quarter of 2019 of $1.53 billion, operating income of $59 million, net income of $35 million and diluted earnings per share of $0.03. On a non-GAAP(*) basis, operating income was $111 million, net income was $92 million and diluted earnings per share was $0.08.
GAAP Quarterly Financial Results
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