AMD Revenues Doubled in the Previous Quarter

backstreetboy

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Jun 15, 2011
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Chipset maker AMD reported today that it earned a net income of $710 million on revenues of $3.8 billion in the quarter ending June 30. Those revenues are up 99 percent year-over-year (YOY).

“Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled year-over-year,” AMD president and CEO Lisa Su said. “We are growing significantly faster than the market with strong demand across all of our businesses. We now expect our 2021 annual revenue to grow by approximately 60 percent year-over-year driven by strong execution and increased customer preference for our leadership products.”

 

D.B.Cooper

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Dec 11, 2009
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Not that long ago they were barely hanging on by their fingernails. It's been quite the comeback for AMD.
 
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