Northland on AMD (AMD): 'We think fast money moves out at the open and would be a buyer the weakness'

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Go back to Northland on AMD (AMD): 'We think fast money moves out at the open and would be a buyer the weakness'

AMD Reports Fourth Quarter and Full Year 2024 Financial Results

February 4, 2025 4:16 PM EST

SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced financial results for the fourth quarter and full year of 2024. Fourth quarter revenue was a record $7.7 billion, gross margin was 51%, operating income was $871 million, net income was $482 million and diluted earnings per share was $0.29. On a non-GAAP(*) basis, gross margin was 54%, operating income was a record $2.0 billion, net income was a record $1.8 billion and diluted earnings per share was $1.09.

For the full year 2024, AMD reported record revenue of $25.8 billion, gross margin of 49%, operating income of $1.9 billion, net income of... More