AMD Announces Fourth Quarter and Full Year Financial Results for 2019: Net Profit Soars 3.5 Times - WritenAreGiven

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AMD Announces Fourth Quarter and Full Year Financial Results for 2019: Net Profit Soars 3.5 Times

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AMD recently released the fourth quarter and full-year financial report for 2019. With the support of a series of applauding products, especially Ruilong and Xiaolong, all indicators are very beautiful, and revenue and profits have achieved substantial growth.
AMD Announces Fourth Quarter and Full Year Financial Results for 2019: Net Profit Soars 3.5 Times

According to the United States General Accounting Standards (GAAP), AMD's fourth quarter of 2019 revenue was 2.13 billion US dollars, an increase of 50% year-on-year, 18% month-on-month, 45% gross profit margin, 7% year-on-year increase, 2% month-on-month increase, net profit 1.7 Billion US dollars, an increase of 3.5 times compared to the same period last year, an increase of 42%.


If GAAP is not followed, AMD ’s fourth-quarter profit will reach 383 million US dollars, an increase of 3.4 times year-on-year.

Among them, the computing graphics division contributed revenue of 1.662 billion US dollars, an increase of 68.6% year-on-year, and corporate, embedded and semi-custom business revenue of 465 million US dollars, an increase of 7.4% year-on-year.


AMD Announces Fourth Quarter and Full Year Financial Results for 2019: Net Profit Soars 3.5 Times

For the full year of 2019, AMD's total revenue was USD 6.73 billion, a year-on-year increase of 4%, the gross profit margin was 43%, a year-on-year increase of 5 percentage points, and net profit was USD 341 million, a year-on-year increase of 1%.

Among them, the computing graphics department's revenue was 4.709 billion US dollars, a year-on-year increase of 14.2%. The corporate, embedded and semi-custom business revenue was US $ 2.022 billion, a year-on-year decrease of 14%. Other business losses were the US $ 209 million, an increase of 14.8% year-on-year.

Unfortunately, AMD no longer distinguishes between the different revenues of the processor and graphics card businesses but rather aggregates the calculations.


AMD Announces Fourth Quarter and Full Year Financial Results for 2019: Net Profit Soars 3.5 Times

AMD expects revenue of approximately $ 1.8 billion in the first quarter of 2020, an increase of 42% year-on-year, and non-GAAP gross profit margin of approximately 46%.

AMD ’s CEO Su Zifeng said: “AMD successfully released the strongest product line in the company ’s 50-year history in 2019, which is a great milestone and has greatly improved profit margins and net profits. Ruilong and Xiaolong are also continuously harvesting market share."


AMD Announces Fourth Quarter and Full Year Financial Results for 2019: Net Profit Soars 3.5 Times
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