AMD (AMD) Tops Q4 EPS by 1c, Q1 Revenue Guidance Fall Short of Consensus
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AMD Reports Fourth Quarter and Annual 2019 Financial Results
January 28, 2020 4:16 PM EST Record quarterly revenue of $2.13 billion; record annual revenue of $6.73 billion
Gross margin expanded to 45 percent in Q4 2019 and 43 percent for 2019
SANTA CLARA, Calif., Jan. 28, 2020 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the fourth quarter of 2019 of $2.13 billion, operating income of $348 million, net income of $170 million and diluted earnings per share of $0.15. On a non-GAAP(*) basis, operating income was $405 million, net income was $383 million and diluted earnings per share was $0.32.
For fiscal year... More
