Amd Reports Strong Third Quarter 2018 Earnings

AMD released its quarterly earnings for the third quarter of 2018, with positive results despite falling demand for cryptocurrency-related products. Revenue for AMD was about $ 1.65 billion.

AMD revenue 1.65 billion dollars despite the fall of cryptocurrencies

AMD said that "Crypto-related GPU sales in the third quarter were negligible" this quarter, which has dramatically reduced the demand for Radeon graphics hardware, but has been able to offset them thanks to the gains made by AMD in the market. CPUs, where the company's Ryzen and EPYC products have continued to perform well.

This quarter, AMD's revenues were $ 1.65 billion, representing an increase of 4% year-on-year (year / year) and a decrease of 6% quarter-on-quarter (Q / Q). During this time, AMD's gross margins have increased to 40%, thanks primarily to AMD's IP-related revenue and the success of the EPYC and Threadripper series processors.

By dividing things into the main business units, we can see that the Computing and Graphics segment is moderately successful, with 12% year-on-year growth and a 14% decrease from quarter to quarter. In this segment, AMD's Ryzen processors have had strong sales, but the company's Radeon graphics segment has seen a significant drop in its revenue, this would be due to the drop in the cryptocurrency market.

AMD's 'Enterprise, Embedded and Semi-Custom' division posted revenue of $ 715 million, representing a 5% year-over-year decrease and a 7% increase quarter-over-quarter. This year-over-year decline is primarily due to lower semi-autonomous revenue, which makes a lot of sense given the lack of new console releases and hardware releases this year. This decline in revenue is offset by higher server sales, driven by EPYC processors.

The red company seems to have a good economy thanks to sales of desktop CPUs, servers and semi-custom (consoles), despite its results in the GPU market.

Overclock3D font