Advanced Micro Devices (AMD) Tops Q3 EPS by 6c, Offers Q4 Guidance
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AMD Reports Third Quarter 2020 Financial Results
October 27, 2020 6:30 AM EDTRecord revenue grew 56 percent and net income and EPS more than doubled year-over-year
SANTA CLARA, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced record revenue for the third quarter of 2020 of $2.80 billion, operating income of $449 million, net income of $390 million and diluted earnings per share of $0.32. On a non-GAAP* basis, operating income was $525 million, net income was $501 million and diluted earnings per share was $0.41.
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