Chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) on Tuesday announced financial results for the fourth quarter of 2024.
Fourth-quarter earnings, on an adjusted basis, were $1.09 per share, compared to $0.77 per share in the same period of 2023. On a reported basis, net income was $482 million or $0.29 per share in Q4, compared to $667 million or $0.41 per share in the prior-year period.
The company reported revenues of $7.66 billion for the December quarter, compared to $6.17 billion in the comparable period in the prior year.
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