AMD (AMD) Reports In-Line Q4 EPS, Q1 Revenue Guidance Misses Consensus

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Go back to AMD (AMD) Reports In-Line Q4 EPS, Q1 Revenue Guidance Misses Consensus

AMD Reports Fourth Quarter and Full Year 2023 Financial Results

January 30, 2024 4:15 PM EST

SANTA CLARA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the fourth quarter of 2023 of $6.2 billion, gross margin of 47%, operating income of $342 million, net income of $667 million and diluted earnings per share of $0.41. On a non-GAAP(*) basis, gross margin was 51%, operating income was $1.4 billion, net income was $1.2 billion and diluted earnings per share was $0.77.

For the full year 2023, the company reported revenue of $22.7 billion, gross margin of 46%, operating income of $401 million, net income of $854 million and diluted earnings per share of $0.53. On a non-GAAP(*) basis, gross margin was 50%, operating... More