AMD releases their Q2 2017 financial results

AMD's financials have surpassed expectations!

AMD releases their Q2 2017 financial results

AMD releases their Q2 2017 financial results

 
AMD has released their Q2 financials, showcasing positive growth that has surpassed the expectations of both the financial industry and AMD themselves. 
 
This is the first full quarter where AMD's Ryzen CPUs were on the market, with AMD's RX 500 series refresh also proving popular this quarter. This has seen AMD's CPU/GPU group see a revenue increase of 51% since this time last year, though this is not exactly surprising given the release of Ryzen 2017 and the fact that Polaris was initially released in the middle of Q2 2016.  
 
Moving onto the server/semi-custom group AMD sees a 5% drop in sales, though a lot of this can be attributed to the seasonal weakness of the console market and AMD's declining server presence before the release of EPYC. EPYC was only released last month, and Microsoft is set to ramp the production of their Xbox One X soon, which should see this division display increased revenues in Q3.  
 
AMD posted a GAAP revenue of $1.22 Billion this quarter, which is a huge increase over their Q1 revenue of $1.03 Billion and Q2 2016's revenue of $984 Million.  AMD even managed to post a Non-GAAP net income of $19 Million, which is great news for AMD given their losses in other recent quarters. 
 

  

AMD releases their Q2 2017 financial results

  

Moving forward AMD expects to see continued growth in Q3, with the release of Ryzen 3 CPUs for the budget market, Threadripper for the HEDT market and Vega on the GPU market. This will also be the first full quarter where AMD's EPYC CPUs are available, which will also help AMD improve their bottom line. 

In Q3 AMD is expecting a 23% revenue growth + or - 3%, which should see AMD generate revenues of over $1.5 Billion for the first time in almost a decade. 

 

AMD's full financial results can be read here

 

You can join the discussion on AMD's Q2 2017 financials on the OC3D Forums

 

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Most Recent Comments

26-07-2017, 06:57:45

wozza365
"Moving onto the server/semi-custom group AMD sees a 5% drop in sales"

There's a 5% of nothing?Quote

26-07-2017, 07:15:04

WYP
Quote:
Originally Posted by wozza365 View Post
"Moving onto the server/semi-custom group AMD sees a 5% drop in sales"

There's a 5% of nothing?
Semi-custom also covers AMD's "Semi-Custom" SoC designs for consoles like the PS4, Xbox One, PS4 Pro and the soon to be released Xbox One X.Quote

26-07-2017, 14:06:18

NeverBackDown
And people were saying Ryzen was a flop Quote

26-07-2017, 14:10:00

AngryGoldfish
Who said Ryzen was a flop?! That's nuts. It's doing incredibly well, and not just for AMD's image.Quote

26-07-2017, 14:13:36

NeverBackDown
Quote:
Originally Posted by AngryGoldfish View Post
Who said Ryzen was a flop?! That's nuts. It's doing incredibly well, and not just for AMD's image.
Because Steam CPU market share results clearly are the most accurate statistics availableQuote
Reply
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