Categories AlphaGraphs, Technology

Advanced Micro Devices (AMD) Earnings: 2Q21 Key Numbers

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported second quarter 2021 earnings results today.

Total revenues rose 99% year-over-year to $3.85 billion.

Net income increased to $710 million, or $0.58 per share, from $157 million, or $0.13 per share, in the same period a year ago. Adjusted net income amounted to $778 million, or $0.63 per share.

For the third quarter of 2021, AMD expects revenue to be approx. $4.1 billion, plus or minus $100 million, representing a year-over-year growth of approx. 46%.  

For the full year of 2021, the company expects revenue growth of approx. 60%, up from the prior guidance of approx. 50%, driven by strong growth across all its businesses. 

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Stitch Fix (SFIX) Stock: Will the innovative biz model survive virus-led slump?

The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from the pandemic at some point. The vaccination drive

General Mills (GIS): Three factors that are expected to help drive growth for the food company going forward

Shares of General Mills Inc. (NYSE: GIS) were up 3.2% on Wednesday after the company delivered better-than-expected results for the first quarter of 2022. Net sales rose 4% year-over-year to

IPO Alert: Allvue Systems sets IPO terms, to raise around $290 million

It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top