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AMD sees huge improvements in their Q2 2016 financial results

AMD sees huge improvements in their Q2 2016 financial results

AMD sees huge improvements in their Q2 2016 financial results

AMD sees huge improvements in their Q2 2016 financial results

 

AMD has seen some huge improvements in their Q2 2016 financial results, returning to Non-GAAP profitability and increased revenue. 

This quarter AMD has seen a 23% increase in revenue compared to Q1 2016 and a 9% increase when compared to this time last year. In terms of operating loss AMD has decreased their GAAP operating loss from 137 million in Q2 2015 to just 8 million in Q2 2016. 

Below is a quote from AMD's CEO Lisa Su, stating that this is a significant milestone for AMD and that they expect further improvement in Q3 2016. 

 

In the second quarter we accomplished a significant milestone as we returned to non-GAAP operating profitability based on solid execution and strong demand for our semi-custom and graphics products

Based on the strength of our semi-custom products and demand for our latest Radeon RX GPUs and 7th Generation A-Series APUs, we are well positioned to drive growth and market share gains in the second half of the year.

  AMD sees huge improvements in their Q2 2016 financial results

 

For Q3 2016 AMD expects their revenue to increase by a further 18% plus or minus 3% thanks to their recent success after releasing their new RX series of GPUs and their recent success in the semi-custom SoC market creating the SoC used in the Xbox One S and Xbox's Project Scorpio consoles. 

  

You can join the discussion on AMD's Q2 2016 financial results on the OC3D Forums

 

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Most Recent Comments

22-07-2016, 06:08:03

Warchild
Good for them, now if they can keep this ball rolling, they can start to pour more money into their R&D.

MAx respect for them for keeping their products at sucha good price/performance level, even with their financial dire straits up to now.Quote

22-07-2016, 06:16:24

AlienALX
I just saw that the RX 480 Nitro 4gb is on pre order for £199. I totally and utterly don't need it at all but I want it ! The prices on their 480 have been good so far and the AM cards are not pee taking either.

However, there's not really much point in buying a 480 to go with a stock P2 1055T just for Linux so I think I will opt for the 460 @ around £80. It should be more than enough to play most of my Steam games under Linux (the ones that are on there, L4D for example) so yeah, no need for a 480.

However if Zen is as good as I hope then I may build an APU TV center next year Quote

22-07-2016, 06:20:42

King of Old Old School
Yes it's good that AMD has make some money what is stopping them from putting the price up cause we all know what companies are like once they start making money they want even more.

If this happens people are going to moan about that too.Quote

22-07-2016, 06:34:52

AlienALX
Quote:
Originally Posted by King of Old School View Post
Yes it's good that AMD has make some money what is stopping them from putting the price up cause we all know what companies are like once they start making money they want even more.

If this happens people are going to moan about that too.
Vega will not be cheap. Any one thinking it will is deluded. HBM2 costs a fortune. If you want to know how much? consider why Nvidia have just released another Titan X with no HBM. I would say Vega will cost at least £600 possibly more simply down to the materials AMD have chosen. Even after it got pounded by the Titan X AMD still did not lower the price of the Fury X. This speaks volumes IMO. It was probably because they simply couldn't.

You can also expect Zen to be really expensive too. AMD themselves have already politely pointed out that this sort of tech and investment (in designers and so on) does not come cheap.

I think it's a double edged sword really. Every one expects AMD products to be as good as the competition or better but that they should also be really cheap.Quote

22-07-2016, 08:21:47

AngryGoldfish
Quote:
Originally Posted by AlienALX View Post
Vega will not be cheap. Any one thinking it will is deluded. HBM2 costs a fortune. If you want to know how much? consider why Nvidia have just released another Titan X with no HBM. I would say Vega will cost at least £600 possibly more simply down to the materials AMD have chosen. Even after it got pounded by the Titan X AMD still did not lower the price of the Fury X. This speaks volumes IMO. It was probably because they simply couldn't.

You can also expect Zen to be really expensive too. AMD themselves have already politely pointed out that this sort of tech and investment (in designers and so on) does not come cheap.

I think it's a double edged sword really. Every one expects AMD products to be as good as the competition or better but that they should also be really cheap.
Then you start to question the reason behind investing so much into an expensive technology that may not even allow AMD to topple the (new) Titan X's crown. It appears, then, to be an evolution for the sake of evolution. Maybe they need HBM2 to bring their power consumption down, but I'm sure there is more to it than that. Of course, Vega could match a Titan X(2), but I highly doubt it.Quote
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