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AMD announces their Q3 2016 earnings

AMD announces their Q3 2016 earnings

AMD announces their Q3 2016 earnings

AMD announces their Q3 2016 earnings

 
AMD has announced their Q3 2016 earnings, showing a massive increase in revenue and a significant reduction in debt. This quarter AMD has managed to liquidate $1.022 Billion dollars of outstanding debt, which means that starting in Q4 2016 the company will need to pay $55 million less annually in interest. 
 
The companies revenue has increased to $1307 million, which is an increase of 27% compared to last quarter and an increase of 23% compared to Q3 2015. This increase in revenue is due to increase in GPU sales, semi-custom SoC sales and a reduction in the operating loss of several divisions. 

  

AMD announces their Q3 2016 earnings

AMD's Lisa Su has stated that AMD's product lineup for 2017 will be the best that AMD has had in over a decade, with AMD's Zen and Vega GPUs finally hitting the market. Will these products gain AMD some much-needed market share from Nvidia and Intel? 

  

You can join the discussion on AMD's Q3 2016 financials on the OC3D Forums

 

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Most Recent Comments

21-10-2016, 12:29:08

NeverBackDown
Very impressive. Polaris must have done really good for them.Quote

21-10-2016, 17:14:48

Bartacus
This is good! We need AMD to be a player again!Quote

21-10-2016, 17:55:38

PEXON
This is great news! Looking forward to seeing what Zen bringsQuote

21-10-2016, 18:09:41

AlienALX
They've also had a massive win with Alibaba.Quote
Reply
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