r/shares – AMD smashes income and EPS estimates

― Quarterly income of $3.24B up 53% year-over-year; Full 12 months income of $9.76B up 45%; quarterly and full 12 months internet revenue greater than doubled from prior 12 months ―

AMD smashed its 4th quarter EPS and income consensus. EPS turned out manner larger as a result of a tax profit.

Income: $3.24 billion (+53% yoy) vs. $3.02 anticipated

Diluted EPS: $1.45 (+867%) vs. $0.47 anticipated

Web Earnings: $1.781 billion (+948%)

Supply: https://ir.amd.com/news-events/press-releases/detail/988/amd-reports-fourth-quarter-and-full-year-2020-financial