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AMD finds some profits in Third Quarter results

AMD's Q3 results are good, they've made some profit

Anthony Garreffa | Oct 27, 2011 at 9:22 pm CDT (0 mins, 56 secs time to read)

After a bit of shaky ground and a not-so-great Bulldozer launch, AMD have posted their revenue results for the third quarter of 2011 of $1.69 billion. From that, AMD had a net income of $97 million, or $0.13 per share, and an operating income of $138 million. AMD reported non-GAAP net income of $110 million, or $0.15 per share, and non-GAAP operating income of $146 million.

AMD finds some profits in Third Quarter results | TweakTown.com

AMD president and CEO, Rory Read says:

Strong adoption of AMD APUs drove a 35 percent sequential revenue increase in our mobile business. Despite supply constraints, we saw double digit revenue and unit shipment growth in emerging markets like China and India as well as overall notebook share gains in retail at mainstream price points. Through disciplined execution and continued innovation we will look to accelerate our growth and refine our focus on lower power, emerging markets, and the cloud.

Gross margin was 45-percent and surprisingly, more than 60-percent sequential increase in mobile Accelerated Processing Unit (APU) shipments drives record mobile microprocessor revenue and unit shipments. APU is good for AMD people, very good!

AMD have quite the quarterly summary if you'd like to check it out.

Last updated: Apr 7, 2020 at 11:23 am CDT

NEWS SOURCE:amd.com
Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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