AMD Q4 2019 results: revenues, margins

AMD turned 50 in May 2019   Despite a great quarter, AMD’s stock was down about 2.6% after the company reported its Q4’19 which beats Wall Street estimates. The problem was the company’s guidance for Q1’20 was slightly below what Wall Street anticipated. The company announced revenue for Q4’19 of $2.13 billion, operating income of $348 million, net income of $170 million. On a non-GAAP basis, operating income was $405 million. For fiscal year 2019, the company reported revenue of $6.73 billion, operating income of $631 million, net income of $341 million. “2019 marked a significant milestone in our multi-year