More revenue and profit for AMD - Su Also Talks 3rd Gen Ryzen Boost Issue in Earnings Call

Advanced Micro Devices (AMD) posted more revenue and profit in the past quarter. The company thus performed more or less in line with the expectations of analysts.

Revenues increased by 9 percent on an annual basis to $ 1.8 billion. That is the highest quarterly turnover since 2005. At the same time, there was the highest gross profit margin since 2012. This amounted to 43 percent. CEO Lisa Su was very satisfied with the progress of the company. Below the line, 120 million dollars remained, from a profit of 102 million dollars in the third quarter of last year. Expectations are again high for the fourth quarter. AMD then expects around $ 2.1 billion in revenue, with a gross profit margin of around 44 percent.

The total amount of money that AMD has in its bank accounts is now back at $ 1,209 million to roughly the level of the first quarter of this year and the fourth quarter of 2017. It is also good to see that the debts of the chip designer declined further by 16% compared to the second quarter, continuing the reduction of debt.

3rd Gen Ryzen Boost Issue

On the boost issue that was fixed with an AGESA update, she mentioned that AMD is works hard with its motherboard partners and ODM partners to "improve the optimization of the maximum boost frequency." also mentioning  "the issue is largely addressed over the last couple of weeks" (to 1.0.0.3 ABBA). "We're going to continue to improve the platform," she adds.