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AMD Q4 2017 results

$1.5 billion in sales, $71 million GAAP profit for the quarter, sales and profit down from last quarter. AMD reported its calendar Q4 2017; revenues and operating income were up as well as its graphics and compute groups revenue and profits. “2017 marked a key inflection point for AMD as we re-shaped our product portfolio, delivered 25% annual revenue growth, ...

Jon Peddie

$1.5 billion in sales, $71 million GAAP profit for the quarter, sales and profit down from last quarter. AMD reported its calendar Q4 2017; revenues and operating income were up as well as its graphics and compute groups revenue and profits. “2017 marked a key inflection point for AMD as we re-shaped our product portfolio, delivered 25% annual revenue growth, expanded gross margin and achieved full-year profitability.” The company’s gross margin was 35%, up 3 percentage points Y/Y, and flat Q/Q. Operating income was $82 million, compared to an operating loss of $3 million a year ago and operating income
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