Categories AlphaGraphs, Earnings, Technology

AMD Earnings: A snapshot of Advanced Micro Devices’ Q1 2024 results

Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) reported an increase in revenues and adjusted earnings for the first quarter of 2024.

AMD Q1 2024 earnings infographic

First-quarter earnings, on an adjusted basis, rose to $0.62 per share from $0.60 per share in the corresponding period last year. On a reported basis, net income was $123 million or $0.07 per share in Q1, compared to a loss of $139 million or $0.09 per share in the prior-year period.

March-quarter revenues increased to $5.47 billion from $5.35 billion in the comparable period of fiscal 2023, reflecting the recovery in demand.

Prior Performance

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

AZO Earnings: AutoZone reports higher sales and profit for Q3 2024

Automotive parts retailer AutoZone, Inc. (NYSE: AZO) on Tuesday said its third-quarter net sales and earnings increased modestly from last year. The company reported net sales of $4.24 billion for the

Infographic: Key highlights from Macy’s (M) Q1 2024 earnings results

Macy’s, Inc. (NYSE: M) reported first quarter 2024 earnings results today. Net sales decreased 2.7% year-over-year to $4.8 billion. Comparable sales were down 1.2% on an owned basis and down

Here are a few reasons why Beyond Meat (BYND) appears to be beyond hope

Shares of Beyond Meat, Inc. (NASDAQ: BYND) rose over 1% on Monday. The stock has dropped 18% year-to-date. The company delivered disappointing results for the first quarter of 2024 and

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top