Advanced Micro Devices Shares Rise After Q3 Release - Misses Q4 Guidance Expectations

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AMD Reports Third Quarter 2022 Financial Results

November 1, 2022 4:16 PM EDT

Data Center, Gaming and Embedded segments each grew significantly year-over-year and Client segment revenue was lower than expected

Cash and operating cash flow increased year-over-year

SANTA CLARA, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the third quarter of 2022 of $5.6 billion, gross margin of 42%, operating loss of $64 million, net income of $66 million and diluted earnings per share of $0.04. On a non-GAAP(*) basis, gross margin was 50%, operating income was $1.3 billion, net income was $1.1 billion and diluted... More

AMD Reports Third Quarter 2022 Financial Results

November 1, 2022 4:16 PM EDT

Data Center, Gaming and Embedded segments each grew significantly year-over-year and Client segment revenue was lower than expected

Cash and operating cash flow increased year-over-year

SANTA CLARA, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the third quarter of 2022 of $5.6 billion, gross margin of 42%, operating loss of $64 million, net income of $66 million and diluted earnings per share of $0.04. On a non-GAAP(*) basis, gross margin was 50%, operating income was $1.3 billion, net income was $1.1... More