thelastword
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AMD has just announced its record revenue of $1.80 Billion in the third quarter of 2019 and also its highest quarterly revenue since 2005. This was the first full quarter of AMD's 7nm lineup, featuring their new 2nd Generation EPYC, 3rd Gen Ryzen and Radeon RX 5700 series Navi products, leading to a 9% increase in revenue from the previous year & an 18% revenue increase from the previous quarter.
AMD Posts Strong Q3 2019 Financials - First Full Quarter of 7nm EPYC, Ryzen, Radeon Lead To Highest Quarterly Revenue Since 2005
For Q3 2019, AMD has announced a revenue of 1.80 Billion, an operating income of $186 million and a net income of $120 million. Following are the highlights of the AMD Q3 2019 earnings report:
We have already seen major impact of 3rd Gen Ryzen processors in various markets where AMD has finally started taking control of major desktop and notebook PC market share. There have also been the same reports for AMD's EPYC lineup which is expected to hit the double-digit market share by the end of 2020.
AMD's enterprise, embedded and semi-custom revenue was $525 million, down 27% from the previous year and 11% sequentially. These were mostly due to lower semi-custom sales on the console front but EPYC was able to offset this due to stronger sales with the new 2nd Generation lineup.
It should be pointed out that most of the semi-custom chips are designed for consoles which include the Microsoft Xbox One, the Sony PlayStation 4 and their refreshed, updated variants. These console manufacturers are on the verge of introducing their next-generation products featuring AMD's latest Zen and Radeon cores so the slow down is expected as both console giants switch over to AMD's next-gen custom SOCs for their products.
Current Outlook
For the fourth quarter of 2019, AMD expects revenue to be approximately $2.1 billion, plus or minus $50 million, an increase of approximately 48 percent year-over-year and approximately 17 percent sequentially. The year-over-year and sequential increases are expected to be driven by an increase in Ryzen, EPYC, and Radeon product sales. AMD expects non-GAAP gross margin to be approximately 44 percent in the fourth quarter of 2019.
https://wccftech.com/amd-q3-2019-revenue-epyc-ryzen-radeon-highest-since-2005/
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it's important to keep in mind a few things.....
AMD revenue has gone up and had a very successful quarter one of their best.....Even then, that is without threadripper, which is looking like the HEDT processor to end HEDT processors. They did not replace their Polaris lineup which harnesses the most GPU sales and has the biggest market..... and yet their 16 core desktop processor was not out either...…
I think Quarter 4 is going to be the real juggernaut for AMD on their resurgence, with even better quarters from hence forward into 2020 near PS5/Scarlett's launch......Quarter 4 will introduce Threadripper 7nm, .AMD APU Renoir 7nm, Ryzen 3950x, the RX5500 series (New Gen Polaris replacement) with the possibility of the RX5600 series as well (Vega 64 + 56 replacement).........I think that would be a good strategy for Quarter 4 with the big software roll out they have upcoming with adrenalin and continued CPU performance improvements with AGESA updates........It would be great if they launched a RX5800 series for the holidays, and that would be a knockout punch.......Hopefully they announce something early November....However without 5800, AMD is pretty much poised for huge gains in Q4........
Also, being down on embedded and semi custom chips is expected.......Lower XBONE and PS4 sales as this gen wraps up is a given, with heavy focus now on R&D etc....for next gen machines.....Hopefully the rumors we were hearing on a 7nm PS4 is true and AMD can save production costs there and Sony's PS4 can ramp up again before the next gen begins.....It will also make the PS4 viable and cheap enough to sell even beyond the PS5's launch, which means more money to AMD......
All in all, great quarter...…I'm especially grateful to AMD that consoles will get some insanely powerful kit in 2020.....Cheers to a set of great engineers, which is making small, low powered and extremely powerful chips for SFF devices......I think this is a revolutionary time in the industry, where for the longest while we were just stuck on some hotbed 4 core i7 chips and expensive gameworks GPU's with modest gains vs the price hikes demanded...…...
AMD Posts Strong Q3 2019 Financials - First Full Quarter of 7nm EPYC, Ryzen, Radeon Lead To Highest Quarterly Revenue Since 2005
For Q3 2019, AMD has announced a revenue of 1.80 Billion, an operating income of $186 million and a net income of $120 million. Following are the highlights of the AMD Q3 2019 earnings report:
- Revenue was $1.80 billion, up 9 percent year-over-year and 18 percent quarter-over-quarter due to higher revenue in the Computing and Graphics segment, partially offset by lower revenue in the Enterprise, Embedded, and Semi-Custom segment.
- Gross margin was 43 percent, up 3 percentage points year-over-year and 2 percentage points
quarter-over-quarter, primarily driven by increased RyzenTM and EPYCTM processor sales. - Operating income was $186 million compared to $150 million a year ago and $59 million in the prior quarter. Non-GAAP operating income was $240 million compared to $186 million a year ago and $111 million in the prior quarter. The year-over-year and sequential increases were primarily due to higher revenue in the Computing and Graphics segment.
- Net income was $120 million compared to $102 million a year ago and $35 million in the prior quarter. Non-GAAP net income was $219 million compared to $150 million a year ago and $92 million in the prior quarter.
- Diluted earnings per share were $0.11 compared to $0.09 a year ago and $0.03 in the prior quarter. Non-GAAP diluted earnings per share were $0.18 compared to $0.13 a year ago and $0.08 in the prior quarter.
- Cash, cash equivalents and marketable securities were $1.2 billion at the end of the quarter.
We have already seen major impact of 3rd Gen Ryzen processors in various markets where AMD has finally started taking control of major desktop and notebook PC market share. There have also been the same reports for AMD's EPYC lineup which is expected to hit the double-digit market share by the end of 2020.
AMD's enterprise, embedded and semi-custom revenue was $525 million, down 27% from the previous year and 11% sequentially. These were mostly due to lower semi-custom sales on the console front but EPYC was able to offset this due to stronger sales with the new 2nd Generation lineup.
It should be pointed out that most of the semi-custom chips are designed for consoles which include the Microsoft Xbox One, the Sony PlayStation 4 and their refreshed, updated variants. These console manufacturers are on the verge of introducing their next-generation products featuring AMD's latest Zen and Radeon cores so the slow down is expected as both console giants switch over to AMD's next-gen custom SOCs for their products.
Current Outlook
For the fourth quarter of 2019, AMD expects revenue to be approximately $2.1 billion, plus or minus $50 million, an increase of approximately 48 percent year-over-year and approximately 17 percent sequentially. The year-over-year and sequential increases are expected to be driven by an increase in Ryzen, EPYC, and Radeon product sales. AMD expects non-GAAP gross margin to be approximately 44 percent in the fourth quarter of 2019.
https://wccftech.com/amd-q3-2019-revenue-epyc-ryzen-radeon-highest-since-2005/
--------------------------------------------------
it's important to keep in mind a few things.....
AMD revenue has gone up and had a very successful quarter one of their best.....Even then, that is without threadripper, which is looking like the HEDT processor to end HEDT processors. They did not replace their Polaris lineup which harnesses the most GPU sales and has the biggest market..... and yet their 16 core desktop processor was not out either...…
I think Quarter 4 is going to be the real juggernaut for AMD on their resurgence, with even better quarters from hence forward into 2020 near PS5/Scarlett's launch......Quarter 4 will introduce Threadripper 7nm, .AMD APU Renoir 7nm, Ryzen 3950x, the RX5500 series (New Gen Polaris replacement) with the possibility of the RX5600 series as well (Vega 64 + 56 replacement).........I think that would be a good strategy for Quarter 4 with the big software roll out they have upcoming with adrenalin and continued CPU performance improvements with AGESA updates........It would be great if they launched a RX5800 series for the holidays, and that would be a knockout punch.......Hopefully they announce something early November....However without 5800, AMD is pretty much poised for huge gains in Q4........
Also, being down on embedded and semi custom chips is expected.......Lower XBONE and PS4 sales as this gen wraps up is a given, with heavy focus now on R&D etc....for next gen machines.....Hopefully the rumors we were hearing on a 7nm PS4 is true and AMD can save production costs there and Sony's PS4 can ramp up again before the next gen begins.....It will also make the PS4 viable and cheap enough to sell even beyond the PS5's launch, which means more money to AMD......
All in all, great quarter...…I'm especially grateful to AMD that consoles will get some insanely powerful kit in 2020.....Cheers to a set of great engineers, which is making small, low powered and extremely powerful chips for SFF devices......I think this is a revolutionary time in the industry, where for the longest while we were just stuck on some hotbed 4 core i7 chips and expensive gameworks GPU's with modest gains vs the price hikes demanded...…...
