AMD Reports Fourth Quarter and Annual 2019 Financial Results

  GAAP Non-GAAP (*)
   2019   2018  Y/Y  2019   2018  Y/Y
Revenue ($B)$6.73 $ 6.48 Up 4%$6.73 $ 6.48 Up 4%
Gross margin 43% 38%Up 5pp 43% 39%Up 4pp
Operating expense ($B)$2.30 $2.00 Up $0.30$2.09 $1.86 Up $0.23
Operating income ($M)$631   $  451   Up $180 $ 840   $  633   Up $207
Net income ($M) $ 341   $  337   Up $4 $ 756   $  514   Up $242
Earnings per share $ 0.30   $ 0.32   Down $0.02 $ 0.64   $ 0.46   Up $0.18

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