AMD has published a report for the past quarter. The quarter brought AMD in revenues of $ 3.445 billion, which is 93% more than in the first quarter of 2020, when the company received $ 1.79 billion. Compared to the previous quarter, revenue increased 6%.
Operating profit in annual terms increased by 274% – from 177 million dollars to 662 million dollars. Net during the same time increased by 243% – from $ 162 million to $ 555 million.
If not calculated in accordance with GAAP, operating income is $ 762 million and net income is $ 642 million. A year ago, these figures were equal to 236 and 222 million dollars, respectively.
In the current quarter, the company expects to generate revenues of $ 3.6 ± 0.1 billion. This is about 86% more than in the second quarter of last year. Overall growth for 2021 is projected at 50%. This forecast is higher than the previously published forecast of 37% growth.