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!

Most Popular

Snowflake (SNOW) appears to be on solid footing despite cloud slowdown

The cloud computing market witnessed accelerated growth in the last couple of years, as enterprises across the world shifted their digital assets to cloud for ensuring safety and enhancing data

Dollar Tree (DLTR) vs. Dollar General (DG): How did the third quarter turn out for these discount retailers?

In times of high inflation and economic uncertainty, consumers tend to turn to discount retailers in search of more value. The two leading discount retailers Dollar Tree Inc. (NASDAQ: DLTR)

Kroger (KR) looks set to start 2023 with new vigor. Is the stock a buy?

The retail environment has witnessed many changes in customers’ shopping behavior lately, especially after the COVID outbreak. With inflation putting pressure on personal finances, there appears to be a new

Add Comment
Viewing Highlight