AMD earnings per share grew by 1300 percent since last year, propelled by Ryzen 3000 and Renoir Ryzen 4000 sales
Riding on the back of excellent sales figures for Ryzen 3000 processors like the Ryzen 5 3600 and Ryzen 7 3700X, AMD recorded a mammoth 1300 percent increase in earnings per share between Q1 2019 and Q1 2020. Savvy buyers who held onto AMD shares have seen their portfolios increase in value by as much as 14 times.
AMD's Q1 2020 financial report indicates that the company generated US$1.79 billion in revenue with a net income of US$162 million. This is actually slightly down from Q4 2019 when the company recorded revenue figures it hadn't seen in over a decade.
By far, the biggest contributor to revenue was AMD's Computing and Graphics segment. Ryzen 4000 Renoir APUs had a role to play. In AMD's Q1 2020 earnings call, Lisa Su stated that the company saw record-high notebook processor revenue this quarter with design wins for 4000 series mobile chips.
The Enterprise, Embedded, and Semi-Custom segments accounted for roughly 20 percent of overall revenue this quarter. Relative to last year, it was actually somewhat down. AMD said that Enterprise systems witnessed growth while semi-custom sales went down.
This aligns with facts on the ground: console sales have stagnated somewhat as the market anticipates the arrival of the ninth-gen consoles, meaning fewer semi-custom SoCs being made by AMD. On the other hand AMD's EPYC server hardware has seen growth, though not enough to offset the semi-custom losses.
While Q1 2020 is excellent, Q2 figures might not look as good. A DigiTimes report indicates that DIY PC sales are expected to dip by as much as 30 percent this year. During the Q1 2020 earnings call, Lisa Su addressed this head on. Lisa stated that most of AMD's 12,000 employees have transitioned to a work-from-home environment in response to the crisis.