Advanced Micro Devices, Inc. (AMD) Tops Q4 EPS by 5c, Q1 Revenue Guidance Beats

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Go back to Advanced Micro Devices, Inc. (AMD) Tops Q4 EPS by 5c, Q1 Revenue Guidance Beats

AMD Reports Fourth Quarter and Full Year 2020 Financial Results

January 26, 2021 4:10 PM EST

Quarterly revenue of $3.24B up 53% year-over-year; Full year revenue of $9.76B up 45%; quarterly and full year net income more than doubled from prior year

SANTA CLARA, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the fourth quarter of 2020 of $3.24 billion, operating income of $570 million, net income of $1.78 billion and diluted earnings per share of $1.45. Fourth quarter net income included an income tax benefit of $1.30 billion associated with a valuation allowance release, which contributed $1.06 to... More