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AMD
AMD has a good financial period. The company announced Thursday its financial results for its second quarter of 2018, posting one of the best performances of the past seven years.
The company recorded a business turnover of 1.76 billion US dollars between April and June of this year. year. The numbers were surprising and the company had an excellent year-end in 2017 and early 2018 thanks to the crypto-coin market.
"We had an excellent second quarter with strong revenue growth, increased margins and a quarterly superior net income in seven years," said Lisa Su, President and CEO of AMD. in the report. "More importantly, we believe that our long-term technology bets are positioning us very well for the future.We are confident that with the continued implementation of our product schedules, we are on an excellent track to generate increasing market share and profits. "
As a manufacturer of computer parts, particular of graphics cards, AMD has experienced a period of strong demand for the crypto-coin extraction, which Therefore, with the fall of this monetary system, it is expected that AMD the
However, the company ended the quarter with a 53% increase over the same period.The company had a gross margin of 37% and a net profit of 153 million US dollars [19659008] icos
Noteworthy that the company has however experienced a slight decline compared to its share of computer and graphics products. The industry is registered in the second quarter. income of $ 1.09 billion and net income of $ 117 million compared to revenue of $ 1.11 billion and net income of $ 138 million for the first quarter of 2018.
64 % higher than the amount recorded in the same period of 2017. The document shows that much of the force in the sector was stimulated by the growth of the Ryzen line
It goes up and down
This slight decrease compared to the production sector was expected, again, because of the fall of the crypto-coin market. However, the prognosis was that it would be a real drop in revenue for AMD, not just a small variation.
Companies
In the business sector, AMD has seen more growth. A total of $ 180 million more was spent this year. In the first, AMD added $ 532 million in business revenue versus $ 670 million in the second.
One of the surprises was the strong commercial performance of the EPYC data center processor. As a recent technology for use in large data centers, the market was not expected to adopt the new product as quickly. However, what is perceived is that EPYC was one of the main factors that led to this good performance in the sector. Finally, the report allows us to badume that AMD is experiencing excellent momentum in its economy, with forecasts now for the third quarter to wait for something in the home of
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