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AMD posts impressive financial results - expects further growth in Q2

AMD expects 50% YoY growth in Q2

AMD posts impressive financial results, expects further growth in Q2

AMD posts impressive financial results - expects further growth in Q2

A lot has changed since the start of 2017, with the release of Ryzen revolutionising the CPU in both the consumer desktop and enterprise segments. Now a year after the launch of Ryzen, we can see what AMD has accomplished, generating 40% more revenue year-over-year (YoY) and a profit of $81 million this quarter. 

Since Q1 2017 AMD has went from making a $33 million loss to generating $81 million in profit, a boost of $114 million. This growth is primarily driven by AMD's Computing and Graphics unit, which has earned $1.12 billion, an increase of 95% year over year thanks to strong Ryzen and Radeon sales. AMD's gross margin has also increased by 4% from 32% to 36%, improving profitability. 

Moving forward, AMD expects to see a 50% boost revenue boost in their Q2 financials YoY, expecting revenue of $1.725 billion plus or minus $50 million with a gross margin of 37%, a staggering increase for AMD. 

In this quarter AMD has released their new Ryzen 2nd Generation processors and their Raven Ridge series of desktop APUs with Ryzen cores and Vega graphics, both of which are highly competitive offerings. AMD has also increased their market share in the enterprise market with EPYC, re-establishing their name in the market.    

  

AMD posts impressive financial results, expects further growth in Q2  

AMD expects strong sales in Q2, with Ryzen finding more acceptance within the PC market, with AMD expecting more sales from both Raven Ridge and Ryzen as more OEM system hit the market.

You can join the discussion on AMD's Q1 2018 financial report on the OC3D Forums

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Most Recent Comments

25-04-2018, 18:14:15

Dawelio
Happy to see them changing their financials around, from a pretty big loss to making even more in profit. Well done AMD! Glad to see the underdog coming back up Quote

25-04-2018, 18:19:38

NeverBackDown
Most of that new profit should come in the form of Server/Enterprise data centers where Epyc is easily getting 50% profit margins and is where they said they would ship out for there China partnership if I remember correctly.Quote

26-04-2018, 05:32:17

Warchild
And where are the doomsayers now with their "AMD will go bankrupt".

AMD are certainly turning things around. Long way to go yet, but as far as the CPU market is concerned, Intel cannot underestimate them any longer.Quote
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