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Apr 01, 2023
AMD Q1 2023 Earnings Report
AMD reported better than expected revenue and earnings amidst mixed demand, launching leadership products and advancing its AI roadmap.
Key Takeaways
AMD's Q1 2023 results show a revenue of $5.4 billion, a gross margin of 44%, and a net loss of $139 million, with a diluted loss per share of $0.09. On a non-GAAP basis, the gross margin was 50%, net income was $970 million, and diluted earnings per share was $0.60. The Data Center and Embedded segments contributed more than 50% of revenue.
AMD's Q1 2023 revenue was $5.4 billion.
GAAP gross margin was 44%, while non-GAAP gross margin was 50%.
The company experienced a net loss of $139 million, or a loss of $0.09 per share.
Non-GAAP net income was $970 million, or $0.60 per share.
Revenue by Segment
Forward Guidance
For the second quarter of 2023, AMD expects revenue to be approximately $5.3 billion, plus or minus $300 million. AMD expects non-GAAP gross margin to be approximately 50%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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