[The Exiled]

AMD's 4Q/FY19 Financial Report: Revenue up 50% from 4Q18, Debt Halved

For the full financial year, AMD is reporting revenue of $6.73 billion, up 4% from 2018, and a full year gross margin of 43%, up from 38%. Operating income was up 40% to $631 million, but net income was almost flat at $341 million. Earnings per share for the full year were down 6% to $0.30. Within Q4, AMD paid down a lot of debt - down from $1087m in 3Q19 to $563m in 4Q19, which would lead to suggestions that AMD could pay off its debt by the start of 3Q20. This also corresponds with a positive free cash flow, increasing from $1209m in 3Q to $1503m in 4Q.

Izvor: AnandTech