Categories AlphaGraphs, Earnings, 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!

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