AMD Reports Fourth Quarter and Full Year 2024 Financial Results

2 days ago · SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced financial results for the fourth quarter and full year of 2024. …

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What Analysts Think Of AMD Stock Ahead Of Earnings - Investopedia

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3 days ago · AMD is expected to report revenue of $7.54 billion, up 22% year-over-year, and earnings of $1.1 billion, or 67 cents per share, up from $667 million, or 41 cents per share, a …

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FAQs about AMD Reports Fourth Quarter and Full Year 2024 Financial Results Coupon?

How did AMD perform in Q4 2024?

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. ...

How did Advanced Micro Devices (AMD) perform in 2024?

Advanced Micro Devices Inc (NASDAQ:AMD) achieved record annual revenue of $25.8 billion in 2024, marking a 14% increase year over year. The Data Center segment contributed roughly 50% of annual revenue, with a 69% year-over-year increase to a record $3.9 billion. ...

Was 2024 a transformative year for AMD?

“2024 was a transformative year for AMD as we delivered record annual revenue and strong earnings growth,” said AMD Chair and CEO Dr. Lisa Su. “Data Center segment annual revenue nearly doubled as EPYC processor adoption accelerated and we delivered more than $5 billion of AMD Instinct accelerator revenue. ...

Is AMD pleased with the 2024 data center GPU business ramp?

A: Lisa Su, CEO, stated that AMD was pleased with the 2024 data center GPU business ramp. For 2025, the MI325 launched at the end of Q4, and MI350 series production is pulled into mid-year due to strong demand. The data center business is expected to grow strong double digits, with a stronger second half due to MI350 as a catalyst. ...

How did AMD perform in Q4?

AMD, a leading semiconductor company known for its CPUs and GPUs, reported a 10% increase in Q4 revenue year-over-year, reaching $6.2 billion, with a notable gross margin improvement. However, the full year revenue saw a 4% decline compared to the previous year, standing at $22.7 billion. ...

What is AMD's non-GAAP tax rate for fiscal 2024?

For fiscal 2024, AMD used a non-GAAP tax rate of 13%, which excludes the tax impact of pre-tax non-GAAP adjustments. AMD also provided adjusted EBITDA, free cash flow and free cash flow margin as supplemental non-GAAP measures of its performance. ...