The first quarter of 2020 also highlighted the chip developer, with significant increases in home market products - and the potential for quality continuity with the launch Consoles the new generation
No one knows at this stage the full extent of the impact of the Corona crisis on domains and companies - but at this point it seems that AMD Is in a very positive position to continue down the road, with another quality financial report that can be framed and hung on the wall.
The chip developer who celebrated his 50th birthday last year put in $ 1.79 billion in the first three months of 2020, with a net profit of $ 222 million (or $ 162 million after taxes) - $ 160 million more than the first quarter of 2019, as part of a 40-year jump Percentage of revenue for the same quarter. Although the figures are down compared to the last quarter of 2019, this is a well-known cyclical swing in the market - no one expected that AMD You will succeed in overshadowing the large volume of sales that characterize the end of the year-end acquisition year.
Business of AMD Divided into two divisions, the center of which includes all the graphics processing and home market processors, the other focuses on server world processors, embedded products and products that are specifically developed and tailored to the customer, when it comes to code name for the company's integrated chip business in home consoles Sony And Microsoft - and while the first division posted excellent data with $ 1.438 billion in revenue and operating profit of $ 262 million, the secondary division made up $ 348 million in revenue with $ 26 million in operating loss.
A sign of concern? Not sure - inAMD Declared significant growth in sales of the Ryzen brand processors and also in the sales of the EPYC brand processors, with the only revenue reduction expected and coming from the gradual transition between generations of the home console market. The chip company expects an increase in Sony and next-generation chip production Microsoft Office (Which are once again based on AMD hardware) already in the current quarter, which should bring the numbers back to the growth trajectory and the positive balance trajectory.
For dessert, despite the Corona's hardships inAMD They expect about 25 percent growth in their revenues - both for the second quarter of 2020 compared to the same period in 2019 and also for the total estimated revenue for the current year compared to last year.
It is worth noting that the stock AMD On the Nasdaq Stock Exchange, it has dropped a few percent since the release of financial results, so not all investors are convinced of the company's continued growth - but given that the chip developer's value is very close to its historic high, following a quick correction of all March declines, it's probably a logical development Overly compromising the overall optimization console for the chip developer.
Do you think we will continue to see AMD Breaking the highs of herself in the current year as well? Feel free to write us what you think in the comments.