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Test Number : 700-260
Test name : Advanced Security Architecture for Account Manager
Vendor name : Cisco
braindumps : 174 Dumps Questions

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Advanced Security Architecture for Account Manager book

AMD experiences Third Quarter 2019 economic outcomes | 700-260 Dumps and existent exam Questions with VCE rehearse Test

SANTA CLARA, Calif., Oct 29, 2019 (GLOBE NEWSWIRE via COMTEX) -- -- profits grew 9 p.c 12 months-over-12 months and 18 % quarter-over-quarter;

Gross margin accelerated to 43 percent, up three percentage elements yr-over-year --

AMD AMD, +1.45% nowadays introduced salary for the third quarter of 2019 of $1.80 billion, operating salary of $186 million, web profits of $120 million and diluted revenue per share of $0.11. On a non-GAAP groundwork, operating salary turned into $240 million, internet profits turned into $219 million and diluted earnings per share turned into $0.18.

GAAP Quarterly fiscal consequences

Q3 2019 Q3 2018 Y/Y Q2 2019 Q/Q profits ($B) $1.eighty $1.sixty five Up 9% $1.fifty three Up 18% improper margin 43% 40% Up 3 pp forty one% Up 2 pp operating rate ($M) $591 $511 Up $80 $562 Up $29 working revenue ($M) $186 $one hundred fifty Up $36 $fifty nine Up $127 net salary ($M) $120 $102 Up $18 $35 Up $eighty five income per share $0.11 $0.09 Up $0.02 $0.03 Up $0.08

Non-GAAP(*) Quarterly economic outcomes

Q3 2019 Q3 2018 Y/Y Q2 2019 Q/Q profits ($B) $1.80 $1.65 Up 9% $1.fifty three Up 18% improper margin 43% 40% Up three pp 41% Up 2 pp operating rate ($M) $539 $476 Up $63 $512 Up $27 operating earnings ($M) $240 $186 Up $fifty four $111 Up $129 web salary ($M) $219 $a hundred and fifty Up $69 $ninety two Up $127 income per share $0.18 $0.13 Up $0.05 $0.08 Up $0.10

"Our first replete quarter of 7nm Ryzen, Radeon and EPYC processor income drove their maximum quarterly earnings due to the fact 2005, their maximum quarterly improper margin seeing that 2012 and a magnificient enhance in web profits yr-over-12 months," observed Dr. Lisa Su, AMD president and CEO. "i'm extremely completely satisfied with their progress as they maintain the strongest product portfolio in their heritage, vast consumer momentum and a management product roadmap for 2020 and beyond."

Q3 2019 consequences

-- income changed into $1.80 billion, up 9 p.c yr-over-12 months and 18 % quarter-over-quarter due to bigger income within the Computing and images section, partially offset with the aid of lessen salary in the commercial enterprise, Embedded and Semi-custom segment.

-- improper margin become forty three p.c, up 3 percentage facets yr-over-year and a pair of percent aspects quarter-over-quarter, essentially pushed by improved Ryzen and EPYC processor sales.

-- operating earnings become $186 million in comparison to $a hundred and fifty million a year ago and $59 million in the prior quarter. Non-GAAP operating income become $240 million in comparison to $186 million a 12 months in the past and $111 million within the prior quarter. The yr-over-year and sequential raises maintain been essentially because of higher salary within the Computing and photographs section.

-- net revenue became $a hundred and twenty million compared to $102 million a 12 months ago and $35 million in the prior quarter. Non-GAAP net revenue changed into $219 million in comparison to $a hundred and fifty million a year in the past and $ninety two million within the prior quarter.

-- Diluted revenue per share become $0.11 compared to $0.09 a 12 months ago and $0.03 within the prior quarter. Non-GAAP diluted revenue per share was $0.18 compared to $0.13 a year in the past and $0.08 within the prior quarter.

-- cash, money equivalents and marketable securities maintain been $1.2 billion at the conclusion of the quarter.

Quarterly economic segment abstract

-- Computing and photos segment revenue changed into $1.28 billion, up 36 percent 12 months-over-yr and sequentially. better income become basically driven via increased Ryzen client processor earnings. <p>-- client processor commonplace selling cost (ASP) improved 12 months-over-yr essentially driven by using Ryzen laptop processor revenue and increased quarter-over-quarter driven by pass of both Ryzen computer and mobile processor revenue.

-- client processor impartial selling expense (ASP) increased yr-over-yr basically driven by Ryzen computer processor income and accelerated quarter-over-quarter pushed through each Ryzen computing device and cell processor sales.

-- GPU ASP extended 12 months-over-yr driven by means of higher channel sales and decreased quarter-over-quarter due to a much better percentage of cellular income.

-- operating revenue become $179 million in comparison to $100 million a year ago and $22 million within the prior quarter. The year-over-12 months and quarter-over-quarter boost turned into basically because of higher profits.

-- business, Embedded and Semi-custom segment profits turned into $525 million, down 27 percent yr-over-yr and 11 p.c sequentially. The 12 months-over-12 months and quarter-over-quarter decreases had been essentially because of reduce semi-custom product earnings, partly offset via greater EPYC processor sales. <p>-- working profits changed into $61 million, compared to $86 million a yr in the past and $89 million within the prior quarter. The year-over-yr and quarter-over-quarter decreases had been because of reduce earnings and higher working costs.

-- operating earnings turned into $61 million, in comparison to $86 million a 12 months ago and $89 million in the prior quarter. The yr-over-12 months and quarter-over-quarter decreases had been because of reduce revenue and higher working costs.

-- bar no one at all other operating loss changed into $54 million in comparison to $36 million a yr in the past and $fifty two million in the prior quarter.

Q3 2019 PR Highlights

-- AMD launched the two Gen AMD EPYC(TM) processors with list-setting performance throughout dissimilar enterprise, cloud and unreasonable efficiency computing workloads, alongside an expansive, international ecosystem of statistics core companions and valued clientele. <ul classification="circle"><p>-- Google introduced deployment of 2 Gen AMD EPYC processors in its inside infrastructure and that it is going to present new typical-intention machines powered by means of the processors on Google Cloud Compute Engine.

-- Google introduced deployment of two Gen AMD EPYC processors in its inner infrastructure and that it will present new familiar-goal machines powered by means of the processors on Google Cloud Compute Engine.

-- Twitter announced that 2 Gen AMD EPYC processor deployments throughout its statistics heart infrastructure will lessen complete suffuse of possession by pass of 25 % while decreasing the environmental impact of its data facilities.

-- Cray introduced that UK research and Innovation will leverage Cray's Shasta supercomputer powered through 2nd Gen AMD EPYC processors for its new ARCHER2 equipment. anticipated to be the uk's strongest supercomputer, it's going to vigour research throughout diverse disciplines, together with oil and gasoline, sustainability and fitness. Cray additionally introduced that the Air coerce climate agency will exercise a Cray Shasta gadget with 2 Gen AMD EPYC processors to provide complete terrestrial and space weather counsel to the U.S. Air drive and army.

-- Dell technologies, HPE, Lenovo and others introduced assist for over a dozen new 2 Gen AMD EPYC processor-powered structures for business, HPC and cloud purchasers.

-- IBM Cloud and Nokia particular the efficiency benefits of 2 Gen AMD EPYC processors for his or her cloud and 5G customers, together with cloud protection advancements, stronger reminiscence bandwidth for great data and analytics workloads, core scaling and significantly enhanced packet throughput.

-- Microsoft introduced that its new 15-inch Microsoft floor laptop three may be powered with the aid of an AMD Ryzen(TM) cellular processor. The sequel of a multi-12 months co-engineering effort, the system combines the custom AMD Ryzen(TM) Microsoft surface version processor with an optimized windows working outfit software stack to create an extremely-potent, ultra-skinny pc with all-day battery existence.

-- leading computing device corporations extended their AMD Ryzen processor-powered offerings with new trade and consumer choices, together with: <ul category="circle"><p>-- HP and Lenovo announced they will present new desktop trade PCs that includes the lately launched AMD Ryzen(TM) pro 3000 sequence and AMD Ryzen(TM) seasoned processors with Radeon(TM) Vega pix.

-- HP and Lenovo announced they are going to present new computer trade PCs that includes the currently launched AMD Ryzen(TM) professional 3000 collection and AMD Ryzen(TM) pro processors with Radeon(TM) Vega pix.

-- AMD too launched the AMD Athlon(TM) professional processors with Radeon Vega snap shots. the brand new processors deliver effective, energy-productive performance and business-grade reliability.

-- HP unveiled its first AMD-powered gaming laptop, the Pavilion Gaming 15 computing device, that includes the 2 Gen AMD Ryzen(TM) 7 mobile processors. HP too introduced the Pavilion Gaming computing device, providing 2 and 3 Gen AMD Ryzen(TM) 7 computing device processors.

-- Lenovo introduced that the brand new buyer-concentrated IdeaCentre A540 and IdeaPad S540 will present high-conclusion Ryzen CPU options.

-- AMD Radeon(TM) pictures products based on the groundbreaking new RDNA gaming architecture carry effective efficiency and superior features: <ul classification="circle"><p>-- AMD introduced the AMD Radeon(TM) RX 5500 sequence pictures products, bringing the RDNA architecture to computer PCs with the Radeon(TM) RX 5500 pix card and to workstation PCs with the Radeon(TM) RX 5500M GPU. programs will be available from confiscate OEMs including Acer, HP, Lenovo and MSI starting this November.

-- AMD introduced the AMD Radeon(TM) RX 5500 collection pics products, bringing the RDNA structure to computing device PCs with the Radeon(TM) RX 5500 images card and to computing device PCs with the Radeon(TM) RX 5500M GPU. programs will be purchasable from privilege OEMs together with Acer, HP, Lenovo and MSI starting this November.

-- AIB partners together with Sapphire, MSI, Asus, PowerColor, Gigabyte and XFX launched new Radeon(TM) RX 5700 collection photographs cards with fabulous designs for diverse figure elements.

-- Microsoft began the common public preview for its assignment xCloud cloud-based video game streaming service, which is powered by means of the identical custom-made SoC utilized in Xbox One S consoles to carry a high-quality cellular game streaming adventure to avid gamers around the globe.

-- AMD became named certainly one of quickly company's most fulfilling areas to travail for Innovators for 2019, highlighting its commitment to cultivating a location of travail where employees can carry out their most profitable travail and propel the boundaries of high-performance computing.

current Outlook

AMD's outlook statements are according to present expectations. privilege here statements are ahead-looking, and exact outcomes may vary materially reckoning on market situations and the factors set forth under "Cautionary statement" under.

For the fourth quarter of 2019, AMD expects earnings to be approximately $2.1 billion, plus or minus $50 million, a surge of approximately forty eight p.c 12 months-over-12 months and about 17 % sequentially. The year-over-12 months and sequential increases are expected to be driven via an enlarge in Ryzen, EPYC and Radeon product revenue. AMD expects non-GAAP improper margin to be approximately forty four p.c in the fourth quarter of 2019.

AMD Teleconference

AMD will cling a conference exact the fiscal group at 2:30 p.m. PT (5:30 p.m. ET) today to talk about its third quarter 2019 monetary outcomes. AMD will supply a real-time audio broadcast of the teleconference on the Investor relations page of its site at www.amd.com. The webcast should be available for one year after the convention name.

RECONCILIATION OF GAAP TO NON-GAAP monetary MEASURES (In millions, except per share records) Three Months Ended September 28, June 29, September 29, 2019 2019 2018 GAAP improper margin $ 777 $ 621 $ 661 GAAP improper margin % forty three % forty one % forty % stock-based compensation 2 2 1 Non-GAAP improper margin $ 779 $ 623 $ 662 Non-GAAP improper margin % forty three % 41 % forty % GAAP operating costs $ 591 $ 562 $ 511 stock-based compensation fifty two forty three 35 Loss contingency on prison import -- 7 -- Non-GAAP operating fees $ 539 $ 512 $ 476 GAAP working earnings $ 186 $ fifty nine $ one hundred fifty stock-based compensation fifty four 45 36 Loss contingency on felony matter -- 7 -- Non-GAAP operating earnings $ 240 $ 111 $ 186 Three Months Ended September 28, June 29, September 29, 2019 2019 2018 GAAP internet income / income per share $ a hundred and twenty $ 0.eleven $ 35 $ 0.03 $ 102 $ 0.09 Loss on debt redemption/conversion forty 0.03 -- -- 6 -- Non-money pastime fee related to convertible debt 6 -- 6 -- 6 0.01 stock-based compensation fifty four 0.04 forty five 0.04 36 0.03 equity profits in investee (1 ) -- -- -- -- -- Loss contingency on criminal matter -- -- 7 0.01 -- -- Provision (advantage) for earnings taxes -- -- (1 ) -- -- -- Non-GAAP internet salary / salary per share $ 219 $ 0.18 $ ninety two $ 0.08 $ one hundred fifty $ 0.13 Shares used and internet salary adjustment in income per share calculation Shares used in per share calculation (GAAP) 1,117 1,109 1,076 interest cost add-back to GAAP internet earnings $ -- $ -- $ -- Shares used in per share calculation (Non-GAAP) 1,212 1,210 1,177 hobby fee add-again to Non-GAAP web salary $ 4 $ 5 $ 5 For the three months ended September 28, 2019, Non-GAAP diluted EPS calculation includes the ninety five million shares involving the business's 2026 Convertible Notes and the linked $4 million interest rate add-again to internet profits under the "if converted" formula. For the three months ended June 29, 2019 and September 29, 2018, Non-GAAP diluted EPS calculation includes the 100.6 million shares related to the company's 2026 Convertible Notes and the associated $5 million activity rate add-again to internet revenue under the "if transformed" formulation.

About AMD

For 50 years, AMD has pushed innovation in high-efficiency computing, images and visualization applied sciences - the constructing blocks for gaming, immersive platforms and the data middle. hundreds of millions of consumers, main Fortune 500 corporations and slicing-edge scientific analysis facilities world wide depend on AMD technology day by day to enrich how they live, travail and play. AMD personnel worldwide are focused on pile brilliant items that propel the boundaries of what's possible. For greater suggestions about how AMD is enabling today and provoking the following day, quest advice from the AMD AMD, +1.45% web page, blog, facebook and Twitter pages.

Cautionary statement

This doc consists of forward-looking statements regarding superior Micro devices, Inc. (AMD) equivalent to AMD's expectations related to its lengthy-term product roadmap for 2020 and beyond; the facets, functionality, efficiency, availability, timing and anticipated merits of AMD items; and AMD's expected fourth quarter of 2019 and fiscal 2019 monetary outlook, including revenue, as well because the anticipated drivers of such income, and non-GAAP improper margin, that are made pursuant to the protected Harbor provisions of the private Securities Litigation Reform Act of 1995. ahead-looking statements are often recognized by pass of phrases equivalent to "would," "might also," "expects," "believes," "plans," "intends," "tasks" and other phrases with identical that means. buyers are cautioned that the forward-looking statements during this doc are in keeping with present beliefs, assumptions and expectations, talk best as of the date of this doc and involve risks and uncertainties that could trigger precise consequences to vary materially from latest expectations. Such statements are theme to transparent measure and unknown risks and uncertainties, many of that are intricate to augur and generally beyond AMD's manage, that might occasions precise results and other future movements to vary materially from these expressed in, or implied or projected via, the forward-searching advice and statements. material elements that could occasions precise outcomes to vary materially from latest expectations encompass, without drawback, here: Intel organization's dominance of the microprocessor market and its aggressive company practices; the potential of GLOBALFOUNDRIES Inc. to satisfy AMD's manufacturing requirements; the ability of third birthday celebration manufacturers to manufacture AMD's items on a timely foundation in adequate portions and the usage of aggressive applied sciences; anticipated manufacturing yields for AMD's items; AMD's capability to interpose items on a timely foundation with aspects and efficiency ranges that deliver value to its consumers whereas aiding and coinciding with tremendous industry transitions; AMD's skill to generate satisfactory income and operating money circulate or achieve exterior financing for research and progress or different strategic investments; the want of a magnificient customer; AMD's ability to generate salary from its semi-customized SoC products; international economic uncertainty; political, felony and pecuniary dangers and natural disasters; skills security vulnerabilities; abilities IT outages, statistics loss, facts breaches and cyber-assaults; quarterly and seasonal sales patterns; AMD's capability to generate ample money to carrier its debt obligations or meet its working capital necessities; AMD's indebtedness; the limitations imposed by agreements governing AMD's notes and the secured credit score facility; the aggressive markets wherein AMD's products are offered; the lore dilutive impact if the two.a hundred twenty five% Convertible Senior Notes due 2026 are transformed; uncertainties involving the ordering and cargo of AMD's products; the market situations of the industries by which AMD items are sold; AMD's reliance on third-birthday party highbrow property to design and interpose new items in a timely method; AMD's reliance on third-birthday celebration corporations for the design, manufacture and supply of motherboards, application and different computing device platform components; AMD's reliance on Microsoft organization and different application providers' lead to design and enhance utility to dash on AMD's products; AMD's reliance on third-birthday celebration distributors and add-in-board companions; future impairments of goodwill and technology license purchases; AMD's ability to attract and preserve certified personnel; AMD's potential to repurchase its astonishing debt in the flavor of a metamorphosis of manage; the cyclical nature of the semiconductor industry; the influence of acquisitions, divestitures, joint ventures and/or investments on AMD's company; the influence of amendment or interruption of AMD's inner enterprise approaches and assistance programs; the supply of primary gadget, substances or manufacturing strategies; compatibility of AMD's items with some or bar no one at all industry-regular application and hardware; fees involving faulty items; the efficiency of AMD's provide chain; AMD's potential to depend on third birthday party deliver-chain logistics features; AMD's inventory cost volatility; international political situations; destructive forex alternate fee fluctuations; AMD's capability to effectively manage the income of its items on the gray market; AMD's ability to correctly present protection to its expertise or different intellectual property; latest and future claims and litigation; abilities tax liabilities; and environmental laws, battle minerals-connected provisions and other laws or regulations. investors are advised to evaluate in ingredient the dangers and uncertainties in AMD's Securities and trade commission filings, together with but now not limited to AMD's Quarterly file on kindly 10-Q for the quarter ended June 29, 2019.

* during this revenue press release, besides GAAP pecuniary results, AMD has supplied non-GAAP fiscal measures including non-GAAP improper margin, non-GAAP working fee, non-GAAP operating revenue, non-GAAP net salary and non-GAAP revenue per share. These non-GAAP pecuniary measures replicate transparent changes as offered within the tables in this profits press unencumber. AMD has too supplied adjusted EBITDA and free money flow as supplemental non-GAAP measures of its efficiency. These objects are defined in the footnotes to the selected company statistics tables provided at the respite of this income press unencumber. AMD is featuring these fiscal measures since it believes this non-GAAP presentation makes it less demanding for investors to evaluate its operating results for existing and historical intervals and too as a result of AMD believes it assists investors in evaluating AMD's performance across reporting durations on a constant foundation by pass of except for gadgets that it does not accept as cogent with are indicative of its core working efficiency and for the different causes described in the footnotes to the chosen information tables. check with the information tables at the conclusion of this salary press release.

AMD, the AMD Arrow logo, EPYC, Radeon, Ryzen, Athlon and combinations thereof, are trademarks of advanced Micro instruments, Inc. other names are for informational purposes best and used to establish groups and items and can be emblems of their respective owner.

advanced MICRO instruments, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(tens of millions except per share quantities and percentages)

Three Months Ended nine Months Ended September 28, 2019 June 29, September 29, 2018 September 28, 2019 September 29, 2018 2019 internet income $ 1,801 $ 1,531 $ 1,653 $ 4,604 $ 5,056 suffuse of revenue 1,024 910 992 2,685 3,146 improper margin 777 621 661 1,919 1,910 improper margin % forty three % 41 % 40 % forty two % 38 % analysis and pile 406 373 363 1,152 1,063 advertising, typical and administrative 185 189 148 544 424 Licensing gain -- -- -- (60 ) -- operating income 186 59 150 283 423 hobby cost (24 ) (25 ) (30 ) (76 ) (92 ) other earnings (rate), internet (36 ) 3 (6 ) (40 ) (4 ) income earlier than revenue taxes and fairness loss 126 37 114 167 327 Provision (improvement) for revenue taxes 7 2 12 (four ) 26 equity profits (loss) in investee 1 -- -- -- (2 ) web salary $ a hundred and twenty $ 35 $ 102 $ 171 $ 299 earnings per share primary $ 0.11 $ 0.03 $ 0.10 $ 0.sixteen $ 0.31 Diluted $ 0.eleven $ 0.03 $ 0.09 $ 0.15 $ 0.28 Shares utilized in per share calculation basic 1,097 1,084 987 1,075 976 Diluted 1,117 1,109 1,076 1,107 1,058

advanced MICRO contraptions, INC.

CONDENSED CONSOLIDATED equilibrium SHEETS

(hundreds of thousands)

September 28, December 29, 2019 2018 belongings latest property: cash and money equivalents $ 1,156 $ 1,078 Marketable securities fifty three 78 bills receivable, net 1,393 1,235 Inventories, web 1,040 845 Prepayment and receivables - connected events 17 34 prepaid costs and different latest assets 253 270 total existing assets three,912 3,540 Property and device, net 453 348 operating hire appropriate-of exercise property 205 -- Goodwill 289 289 investment: equity formula fifty nine fifty eight different property 335 321 total property $ 5,253 $ 4,556 Liabilities and Stockholders' equity current liabilities: short-term debt, net $ -- $ 136 money owed payable 763 834 Payables to linked parties 215 207 collected liabilities 837 783 different latest liabilities forty nine 24 complete present liabilities 1,864 1,984 lengthy-term debt, net 872 1,114 long-term operating lease liabilities 201 -- other long-time age liabilities a hundred and forty 192 Stockholders' equity: Capital inventory: common stock, par cost eleven 10 extra paid-in capital 9,490 8,750 Treasury inventory, at suffuse (53 ) (50 ) gathered deficit (7,265 ) (7,436 ) amassed different finished loss (7 ) (8 ) complete Stockholders' fairness $ 2,176 $ 1,266 total Liabilities and Stockholders' equity $ 5,253 $ four,556 during the primary quarter of 2019, the company adopted the brand new hire accounting typical, ASC 842, Leases, which resulted in an enlarge to assets and liabilities for leases basically regarding workplace structures. The adoption of this commonplace had no impact to the company's effects of operations or commentary of cash flows. privilege through the second quarter of 2019, GLOBALFOUNDRIES Inc. (GF) ceased being a connected birthday party of the company. bar no one at all prior duration GF linked birthday party balances were reclassified to conform to the latest length presentation.

superior MICRO contraptions, INC.

chosen money stream information

(hundreds of thousands)

Three Months Ended 9 Months Ended September 28, 2019 September 28, 2019 internet money supplied through (utilized in) operating activities $ 234 $ fifty one Investing actions $ fifty seven $ (123 ) Financing actions $ (98 ) $ 150

chosen corporate facts

(thousands and thousands)

Three Months Ended 9 Months Ended September 28, 2019 June 29, September 29, 2018 September 28, 2019 September 29, 2018 2019 section and class counsel Computing and photos web profits $ 1,276 $ 940 $ 938 $ 3,047 $ 3,139 operating income $ 179 $ 22 $ one hundred $ 217 $ 355 commercial enterprise, Embedded and Semi-customized internet revenue $ 525 $ 591 $ 715 $ 1,557 $ 1,917 operating income $ sixty one $ 89 $ 86 $ 218 $ 169 bar no one at all other web revenue $ -- $ -- $ -- $ -- $ -- operating loss $ (fifty four ) $ (fifty two ) $ (36 ) $ (152 ) $ (one zero one ) complete net income $ 1,801 $ 1,531 $ 1,653 $ 4,604 $ 5,056 operating profits $ 186 $ fifty nine $ one hundred fifty $ 283 $ 423 other information Capital fees $ fifty five $ 58 $ 33 $ one hundred seventy five $ 122 Adjusted EBITDA $ 300 $ 163 $ 227 $ 593 $ 651 cash, money equivalents and marketable securities $ 1,209 $ 1,128 $ 1,056 $ 1,209 $ 1,056 Free money circulate $ 179 $ (28 ) $ 44 $ (124 ) $ (208 ) complete assets $ 5,253 $ 5,102 $ four,347 $ 5,253 $ 4,347 total debt $ 872 $ 1,031 $ 1,303 $ 872 $ 1,303 The Computing and images angle primarily comprises computer and workstation processors and chipsets, discrete and integrated pictures processing instruments (GPUs), statistics core and knowledgeable GPUs, and construction services. The enterprise too licenses portions of its highbrow property portfolio. The commercial enterprise, Embedded and Semi-custom angle basically contains server and embedded processors, semi-custom equipment-on-Chip (SoC) products, construction functions and technology for online game consoles. The enterprise too licenses parts of its intellectual property portfolio. bar no one at all other class essentially includes transparent prices and credits that aren't allocated to any of the working segments. additionally included during this category is inventory-primarily based compensation fee. Reconciliation of GAAP web earnings to Adjusted EBITDA* Three Months Ended 9 Months Ended September 28, 2019 June 29, September 29, 2018 September 28, 2019 September 29, 2018 2019 GAAP web income $ 120 $ 35 $ 102 $ 171 $ 299 hobby cost 24 25 30 76 92 other (earnings) rate, net 36 (three ) 6 forty 4 Provision (benefit) for earnings taxes 7 2 12 (4 ) 26 fairness (income) loss in investee (1 ) -- -- -- 2 inventory-primarily based compensation fifty four 45 36 a hundred and forty one zero one Depreciation and amortization 60 fifty two 41 158 127 Loss contingency on prison depend -- 7 -- 12 -- Adjusted EBITDA $ 300 $ 163 $ 227 $ 593 $ 651 Free money stream Reconciliation** Three Months Ended nine Months Ended September 28, 2019 June 29, September 29, 2018 September 28, 2019 September 29, 2018 2019 GAAP net cash supplied with the aid of (utilized in) working actions $ 234 $ 30 $ 77 $ 51 $ (86 ) Purchases of property and device (fifty five ) (fifty eight ) (33 ) (175 ) (122 ) Free cash circulation $ 179 $ (28 ) $ 44 $ (124 ) $ (208 ) * The enterprise gifts "Adjusted EBITDA" as a supplemental measure of its performance. Adjusted EBITDA for the enterprise will depend on adjusting GAAP web income for hobby fee, different profits (fee), net, provision (advantage) for salary taxes, equity earnings (loss) on investee, stock-based mostly compensation, and depreciation and amortization expense. moreover, the company too protected a loss contingency on prison depend in the three months ended June 29, 2019 and the nine months ended September 28, 2019. The trade calculates and items Adjusted EBITDA as a result of management believes it is of weight to investors and lenders with regards to its typical capital constitution and its ability to borrow further funds. moreover, the trade items Adjusted EBITDA since it believes this measure assists investors in comparing its efficiency across reporting intervals on a constant groundwork with the aid of excluding items that the company doesn't deem are indicative of its core operating efficiency. The company's calculation of Adjusted EBITDA may additionally or may additionally now not be in step with the calculation of this measure by pass of different businesses in the identical business. buyers should not view Adjusted EBITDA as an alternative altenative to the GAAP operating measure of earnings or GAAP liquidity measures of cash flows from operating, investing and financing activities. additionally, Adjusted EBITDA does not abide in intellect adjustments in certain belongings and liabilities that may maintain an sequel on cash flows. ** The company too items free cash stream as a supplemental Non-GAAP measure of its efficiency. Free money circulate is dependent upon adjusting GAAP net money supplied by pass of (utilized in) working activities for capital bills. The company calculates and communicates free money circulation in the monetary revenue press release as a result of management believes it's of significance to traders to recollect the nature of those cash flows. The business's calculation of free money flow might too or may additionally not be in line with the calculation of this measure through other corporations in the identical business. investors may silent not view free money movement as an alternative altenative to GAAP liquidity measures of money flows from working activities. bar no one at all periods introduced conform to the current age presentation. The enterprise has supplied reconciliations in the earnings press liberate of these Non-GAAP pecuniary measures to the most directly comparable GAAP fiscal measures.

Media Contact:

Drew Prairie

AMD Communications

512-602-4425

drew.prairie@amd.com

Investor Contact:

Laura Graves

AMD Investor members of the family

408-749-5467

laura.graves@amd.com

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(C) Copyright 2019 GlobeNewswire, Inc. bar no one at all rights reserved.


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