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AMD’s second quarter revenue of 1.756 billion US dollars

Beijing time on July 26 morning news, AMD today announced the second quarter of the 2018 financial report. The report shows that AMD’s second-quarter revenue was $1.756 billion, up 53% from $1.151 billion in the same period last year and 7% from $1.647 billion in the previous quarter; net profit was $116 million, compared to the same period last year. The net loss was $42 million, and the net profit for the previous quarter was $81 million. AMD’s second-quarter results exceeded Wall Street analysts‘ previous expectations, driving its share price to rise sharply by more than 5% in after-hours trading.
In the fiscal quarter ended June 30, AMD’s net profit was $116 million, and earnings per share were $0.11, a better-than-expected year-on-year. In the second quarter of fiscal 2017, AMD’s net loss was $42 million and its loss per share was $0.04. Excluding certain one-off items (not in accordance with US GAAP), AMD’s adjusted net profit for the second quarter was $156 million, compared to an adjusted net loss of $7 million for the same period last year; adjusted earnings per share Revenue was $0.14, compared to an adjusted loss per share of $0.01 in the same period last year, which exceeded analysts’ previous expectations. According to a FactSet survey of financial information providers, analysts expect AMD’s second-quarter earnings per share to be $0.12.
AMD’s second-quarter revenue was $1.756 billion, up 53% from $1.151 billion in the same period last year and 7% from $1.647 billion in the previous quarter, and exceeded analyst expectations. According to the FactSet survey, analysts on average expected AMD’s second-quarter revenue to be $1.72 billion.
AMD’s revenue from the computing and graphics divisions in the second quarter was $1.06 billion, up from $661 million in the same period last year, but down from $1.086 billion in the previous quarter; operating profit was $117 million. In comparison, operating profit for the same period last year was $7 million, and operating profit for the previous quarter was $138 million. Revenues from corporate, embedded and semi-custom businesses were $670 million, up from $490 million in the same period last year and $532 million in the previous quarter; operating profit was $69 million, up from $16 million in the same period last year and the previous The quarter is $14 million. Operating losses for all other businesses were $33 million, compared to an operating loss of $24 million for the same period last year and an operating loss of $32 million in the previous quarter.
AMD’s second-quarter operating profit was $153 million, compared to an operating loss of $1 million in the same period last year, and operating profit of $120 million in the previous quarter; not included in certain one-off items (not in accordance with US General Accounting) The standard), AMD’s adjusted operating profit for the second quarter was $186 million, compared with $23 million in operating profit for the same period last year, and operating profit for the previous quarter was $152 million. AMD’s gross margin for the second quarter was 37%, up 3 percentage points from 34% in the same period last year and up 1 percentage point from 36% in the previous quarter.
AMD expects revenue for the third quarter of FY18 to be approximately $1.7 billion, up and down $50 million, an increase of approximately 7% year-on-year; gross margins not in accordance with US GAAP are expected to rise to around 38%. The FactSet survey shows that analysts on average expect AMD’s third-quarter revenue to reach $1.76 billion.
On the same day, AMD shares fell 0.14 US dollars in the Nasdaq regular trading, to close at 16.05 US dollars, a decrease of 0.86%. In the after-hours trading at 18:50 EST (6:50 Beijing time on the 26th), AMD shares rose 0.83 US dollars to 16.88 US dollars, an increase of 5.17%. In the past 52 weeks, AMD’s highest price was $17.34 and the lowest price was $9.04.

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