New Street Research Maintains AMD (AMD) Neutral, 'Inventory correction continues' (correction)

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Go back to New Street Research Maintains AMD (AMD) Neutral, 'Inventory correction continues' (correction)

AMD Reports Fourth Quarter and Full Year 2022 Financial Results

January 31, 2023 4:16 PM EST

Record full year revenue of $23.6 Billion up 44% year-over-year

SANTA CLARA, Calif., Jan. 31, 2023 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the fourth quarter of 2022 of $5.6 billion, gross margin of 43%, operating loss of $149 million, net income of $21 million and diluted earnings per share of $0.01. On a non-GAAP(*) basis, gross margin was 51%, operating income was $1.3 billion, net income was $1.1 billion and diluted earnings per share was $0.69.

For full year 2022, the company reported revenue of $23.6 billion, gross margin of 45%,... More

AMD Reports Fourth Quarter and Full Year 2022 Financial Results

January 31, 2023 4:15 PM EST

Record full year revenue of $23.6 Billion up 44% year-over-year

SANTA CLARA, Calif., Jan. 31, 2023 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the fourth quarter of 2022 of $5.6 billion, gross margin of 43%, operating loss of $149 million, net income of $21 million and diluted earnings per share of $0.01. On a non-GAAP(*) basis, gross margin was 51%, operating income was $1.3 billion, net income was $1.1 billion and diluted earnings per share was $0.69.

For full year 2022, the company reported revenue of $23.6 billion, gross margin of 45%,... More