AMD Earnings Report, Q4 FY 2018: Closing On A Profitable 2018
AMD announced their fourth quarter earnings for their 2018 fiscal year today, and the company has continued its upward trajectory, with revenue gains of 6% year-over-year to $1.42 billion. Gross margin, which was long a burden for the company, is now right in the sweet spot at 38%, up 4% from a year ago. Operating income for the quarter was $28 million, compared to an operating loss of $2 million last year, and net income is now in the black as well at $38 million, compared to a net loss of $19 million a year ago. That resulted in earnings per share of $0.04, compared to a $0.02 loss per share in Q4 2017. AMD Q4 2018 Financial Results (GAAP) Q4'2018 Q3'2018 Q4'2017 Revenue $1419M $1653M $1340M Gross Margin 38% 40% 34% Operating Income $28M $150M -$2M Net Income $38M $102M -$19M Earnings Per Share ...