AMD: Q4 in line with expectations
(CercleFinance.com) - On Tuesday evening AMD unveiled Q4 2018 non-GAAP net income of 87 million dollars, or eight cents per share, in line with the consensus, compared with just one cent a year ago.
The chip maker more than quintupled its adjusted operating profit to 109 million dollars and increased its revenue by 6% to 1.42 billion dollars, mainly supported by its IT and graphics segment.
For the current quarter, the group from Santa Clara, California expects revenues of around 1.25 billion dollars, plus or minus 50 million dollars, which would mean a y-o-y fall of 24%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The chip maker more than quintupled its adjusted operating profit to 109 million dollars and increased its revenue by 6% to 1.42 billion dollars, mainly supported by its IT and graphics segment.
For the current quarter, the group from Santa Clara, California expects revenues of around 1.25 billion dollars, plus or minus 50 million dollars, which would mean a y-o-y fall of 24%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.