Excellent financial data for AMD, which has entered about 1.640 million dollars in the third quarter, generating revenues of 71 million dollars, with an increase, compared to the same period last year, of 26%

AMD's revenues during this third quarter have been announced, where they have entered 1.640 billion dollars, thus giving a net profit of 71 million dollars, which is equivalent to 7 cents per share. If compared with the data from the same quarter of last year, revenues have risen 26%, compared to the same period last year, with a significant increase in the 'Computing and Graphics segment, which have increased by 74% , compared to the same quarter of last year, generating revenues of 819 million dollars.

The high revenues in 'Computing and Graphics' are clearly due to two factors: the good reception in the market of AMD Ryzen processors and the great sales of the RX 400 Series and RX 500 Series, due to the mining of cryptocurrencies by card graph. Sales of the Enterprise, Embedded and Semi-Custom departments total $ 824 million. AMD has highlighted that EPYC server processors have compensated for the reduction in volume of semi-custom SoCs (the processors that carry the PlayStation 4, Xbox One or the upcoming Xbox One X, for example).

If we look at the pre-GAAP net income (gross margin), AMD has posted revenue of $ 110 million, which is equal to 10 cents per share. Revenues have been 130 million higher than analysts' forecasts, so there have been good profits. AMD, for the last quarter, expects revenues to decline, staying at 3% growth, which is not bad either. The average for the year reflects an increase of 26%, compared to last year.

Source: DVDHardware