AMD (AMD) Tops Q3 EPS by 2c, Offers Guidance
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AMD Reports Third Quarter 2023 Financial Results
October 31, 2023 4:15 PM EDTSANTA CLARA, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the third quarter of 2023 of $5.8 billion, gross margin of 47%, operating income of $224 million, net income of $299 million and diluted earnings per share of $0.18. 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 $0.70.
We delivered strong revenue and earnings growth driven by demand for our Ryzen 7000 series PC processors and record server processor sales, said AMD Chair and CEO Dr. Lisa Su. Our data center business is on a... More
