AMD: Q2 EPS up 67%
(CercleFinance.com) - On Tuesday evening AMD said that its Q2 adjusted EPS rose 67% to 1.
05 dollar, while its adjusted operating margin improved six points to 30%, with revenues that are up 70% to 6.55 billion dollars, boosted by the integration of Xilinx.
Management said that each of its segments reported significant y-o-y growth, driven by increased data center and embedded product sales.
For FY 2022, AMD still expects revenue of about 26 to 26.6 billion dollars, up about 60%, driven by growth in the aforementioned segments.
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