Record quarter with $5.9B of revenue
AMD has released its Q1 2022 financial results, reporting record revenue of $5.9 billion, gross margin of 48 percent, net income of $786 million with EPS of $0.56.
Surprised Wall Street
The cocaine nose jobs of Wall Street were stunned when AMD forecast 2022 revenue above expectations.
Expects supply chain issues to improve
South Korean chipmaker SK Hynix said it expects supply chain issues to gradually improve from the second half of the year and demand for memory chips to grow, after booking a four-fold on-year increase in fourth-quarter operating profit.
Results have Wall Street wondering
Intel recorded some rather good results on Wednesday, but the cocaine nose jobs of Wall Street were less than impressed.
Second half of the year until recovery
Dutch health technology company Philips expects sales to recover strongly in the second half of the year, while a steep decline due to the global shortage of parts is likely to persist in the coming months.
Record fiscal year
Nvidia has announced its Q4 2021 and FY 2021 financial results, beating quarterly expectations as well as a record fiscal year, beating its results from last year by quite a margin.
Steady increase across the board
AMD has posted its fourth quarter and full year financial results, showing a steady growth with a record revenue increase, and, most importantly, a strong increase in profitability.
Superior software issues on Apple card
The fruity cargo cult Apple has forced an accountant company off the grid after the superior software on Apple Pay mislabelled AT&T bills as payments to the outfit.
Gross margin up by seven percent, but falls short on analysts expectations
AMD has reported positive financial results for the fourth quarter of 2019, with revenue of $2.13 billion, which is 50 percent higher compared to the same quarter last year. Unfortunately, its shares have dropped by four percent due to weak Q1 outlook and failing to meet analysts' expectations.
Highest revenue in a long time
AMD has announced its Q3 2019 financial report, with revenues of $1.8 billion and a gross margin of 43 percent. This is one of the best reports the company had in a long time, showing that it has Ryzen has woken from its slumber.