AMD just had its best quarter ever

silversurfer

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AMD generated $4.3 billion in revenue for the three months ending in September with operating income of $948 million, net income of $923 million, and diluted earnings per share of $0.75, beating analysts' expectations of $4.11 billion in revenue and net profit of 66 cents per share.

Revenue is up 54% compared to last year, making it the company's best-ever quarter and marking yet another quarterly report to show growth, a trend that stretches back to the second quarter of 2020.

"We delivered our fifth straight quarter of greater than 50 percent year-over-year revenue growth with each of our businesses growing significantly year-over-year and data center sales more than doubling," said AMD CEO Lisa Su. "3rd Gen Epyc processor shipments ramped significantly in the quarter as our data center sales more than doubled year-over-year. Our business significantly accelerated in 2021, growing faster than the market based on our leadership products and consistent execution."

 

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