AMD Q1 2023: Revenue $5.35B, GAAP loss $0.09/sh, non-GAAP EPS $0.60, beats expectations

ADVANCED MICRO DEVICES INC

2023-Q1 EPS reported -$0.09 revenue$5,353,000,000

Revenue $5.35B (-9% YoY); GAAP diluted loss per share $0.09; non-GAAP diluted EPS $0.60 (-47% YoY).
Non-GAAP gross margin 50% (-3ppts); Data Center and Embedded segments >50% of revenue.
Q2 outlook: sequential growth in Data Center and Client; modest declines in Gaming and Embedded.
Announced product launches: EPYC embedded, Ryzen Z1, Radeon PRO W7000; AI roadmap progress.
GAAP gross margin 44% (down 4ppts YoY) due to acquisition-related amortization costs.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ADVANCED MICRO DEVICES INC reported financial results for first quarter ended April 1, 2023.

Period: first quarter ended April 1, 2023
Result: reported results

Exact text from the filing

On May 2, 2023, the Company announced its financial position and results of operations as of and for its first quarter ended April 1, 2023 in a press release that is attached hereto as Exhibit 99.1.

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6 earnings releases filed in the last 30 days. Browse all earnings releases →

ADVANCED MICRO DEVICES INC filing history →

Source: SEC EDGAR

accession 0000002488-23-000074

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