Quarterly figures: AMD makes 99 percent more sales than a year ago

by Hilbert Hagedoorn on: 07/28/2021 08:56 AM | source: | 28 comment(s)

An impressive 99 percent increase in sales was achieved in a direct year-on-year comparison, said Lisa Su, AMD's CEO.

Operating income, in turn, was $ 831 million, a margin of 22 percent. Net income in Q2 in 2021 was around 710 million US dollars ( GAAP ) and 778 million US dollars (non-GAAP), around 260 and 352 percent higher than in the previous year. Lisa Su was correspondingly satisfied and continued to be optimistic about the company's key figures in the second quarter of 2021.

Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled year-over-year.

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.

Dr. Lisa Su, AMD President and CEO

In addition to sales and profit, AMD was also able to increase the gross margin slightly from the previous year from 47 to 48 percent. Lisa Su also spoke about the “ significantly faster ” growth of AMD “ compared to the market ”.

We are growing significantly faster than the market with strong demand across all of our businesses.

Dr. Lisa Su, AMD President and CEO

Earnings per note rose year-on-year from $ 0.13 to $ 0.58 per share, but is significantly lower than in the previous quarter (EUR 1.45).

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geogan
Senior Member

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Joined: 2010-01-04

#5933035 Posted on: 07/28/2021 12:22 PM

Well when they manage to get over 900 Euro out of the likes of me for their new high-end processor of course profits will be up.

"If you build it, they will come"

Sentenced
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Posts: 40
Joined: 2012-08-31

#5933052 Posted on: 07/28/2021 01:10 PM

As expected. The can now sell $120 graphics cards for $400 MSRP.

Agonist
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Joined: 2008-10-13

#5933056 Posted on: 07/28/2021 01:45 PM

I built a new pc this winter. Full AMD build.

So did I except PSU and ram.
Every gaming computer i have built since 2017 has been ryzen
1500x, r5 1600, 2600x 2700x 5600x and also have 1920x X399 thread ripper.

Ill skip am5 first gen. My 5600x should hold up for two years.

bobmitch
Senior Member

Posts: 488
Joined: 2007-03-08

#5933077 Posted on: 07/28/2021 02:35 PM

I upgraded my rig in January of this year. Ryzen 9 5950X...no Intel inside anymore

schmidtbag
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Joined: 2012-11-10

#5933097 Posted on: 07/28/2021 03:35 PM

Profit tripled,now that is always good

It's only good if they put that money back into R&D, or production.

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