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

INTU Earnings: Intuit Q3 2024 revenue and adj. profit top expectations

Intuit Inc. (NASDAQ: INTU) Thursday reported an increase in adjusted earnings and revenues for the third quarter of 2024. The results also exceeded analysts' estimates. At $6.74 billion, the Mountain

After blowout quarter, Nvidia (NVDA) looks set to continue riding the AI wave

Shares of NVIDIA Corporation (NASDAQ: NVDA) rallied this week after the semiconductor giant reported robust first-quarter numbers. Being a first mover in artificial intelligence chips, the company is spearheading the

Target Corp. (TGT): A brief look at the retailer’s performance in Q1 2024

Shares of Target Corporation (NYSE: TGT) rose over 1% on Thursday. The stock has dropped over 11% in the past one month. The company delivered mixed results for the first

Add Comment
Viewing Highlight