AMD (AMD) Delivers Another Beat-and-Raise, Analysts Hike Numbers Citing 'Superior Products and Manufacturing Process'

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Go back to AMD (AMD) Delivers Another Beat-and-Raise, Analysts Hike Numbers Citing 'Superior Products and Manufacturing Process'

AMD Reports Second Quarter 2021 Financial Results

July 27, 2021 4:15 PM EDT

Revenue increased 99 percent year-over-year; Gross Margin expanded to 48 percent

SANTA CLARA, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the second quarter of 2021 of $3.85 billion, operating income of $831 million, net income of $710 million and diluted earnings per share of $0.58. On a non-GAAP* basis, operating income was $924 million, net income was $778 million and diluted earnings per share was $0.63.

GAAP Quarterly Financial Results

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