AMD (AMD) Reports In-Line Q3 EPS

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AMD Reports Third Quarter 2019 Financial Results

October 29, 2019 4:16 PM EDT

Revenue grew 9 percent year-over-year and 18 percent quarter-over-quarter;
Gross margin expanded to 43 percent, up 3 percentage points year-over-year

SANTA CLARA, Calif., Oct. 29, 2019 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the third quarter of 2019 of $1.80 billion, operating income of $186 million, net income of $120 million and diluted earnings per share of $0.11. On a non-GAAP(*) basis, operating income was $240 million, net income was $219 million and diluted earnings per share was $0.18.

GAAP Quarterly Financial Results

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