AMD reports $1.3 billion in Q3 revenue on higher console chip sales

Posted byby Dean Takahashi
October 20, 2016
Updated June 19, 2025
2 min

Advanced Micro Devices said its financial performance for the third quarter beat Wall Street’s expectations for the maker of PC and server processors.

AMD reported revenue of $1.3 billion (on a non-GAAP basis) in the third quarter ended September 30, compared with $1.06 billion a year earlier. Net profit on a non-GAAP basis was 3 cents a share, compared with a loss of 17 cents a share a year ago. Analysts had expected a non-GAAP loss of 1 cent a share on revenue of $1.21 billion.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.