Advanced Micro Devices, Inc. (AMD) Tops Q4 EPS by 16c, Q1 and FY Guidance Beat

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AMD Reports Fourth Quarter and Full Year 2021 Financial Results

February 1, 2022 4:15 PM EST

Record quarterly revenue of $4.8B up 49% y/y; Record full year revenue of $16.4B up 68%;
Gross margin expanded and operating income more than doubled from prior year

SANTA CLARA, Calif., Feb. 01, 2022 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the fourth quarter of 2021 of $4.8 billion, operating income of $1.2 billion, net income of $974 million and diluted earnings per share of $0.80. On a non-GAAP(*) basis, operating income was $1.3 billion, net income was $1.1 billion and diluted... More