AMD announces 307% increase earnings year-over-year

AMD rides the Ryzen wave, experiences 307% increase in year-over-year Q3 earnings.

@anthony256
Published Tue, Oct 24 2017 8:28 PM CDT   |   Updated Tue, Nov 3 2020 11:53 AM CST

There will be smiles all round at AMD with a huge 307% increase in year-over-year quarterly earnings, with a reported $110 million profit for Q3 2017, compared to the $27 million in Q3 2016.

AMD announces 307% increase earnings year-over-year | TweakTown.com

AMD was expected to make $0.08 per share by analysts, but blew past those delivering $0.10 per share. AMD's total revenue rose to $1.64 billion, a 25.2% increase over the $1.31 billion from last year. AMD has had a successful year of putting it to Intel, making Chipzilla react in ways they've never done before. Ryzen has been a success, and even more so for Ryzen Threadripper and AMD's exciting new server range with EPYC.

NEWS SOURCE:nasdaq.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. 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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