Advanced Micro Devices continues to reap gains from growing traction for its Zen-based processors, which have advantages over rival Intel.
For the third quarter, AMD reported revenues 40 percent to $1.65 billion in the third quarter ended September 30, compared to the same quarter a year ago.
Net income was $150 million, or 13 cents a share, compared with $100 million, or 9 cents a share, a year earlier.
Analysts had expected AMD to report earnings per share of 13 cents.
AMD has been steadily marching out new versions of its Zen-based CPUs, including Ryzen for consumer PCs and Epyc for servers.
“We delivered our fifth straight quarter of year-over-year revenue and net income growth driven largely by the accelerated adoption of our Ryzen, Epyc and data center graphics products,” said Lisa Su, AMD president and CEO, in a statement.