Categories AlphaGraphs, Earnings, Technology

Everything you need to know about Advanced Micro Devices’ Q3 earnings

Chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) reported an increase in revenue and adjusted earnings for the third quarter of 2024.

Advanced Micro Devices, Q3 2024 Earnings Infographic

Third-quarter earnings, on an adjusted basis, rose to $0.92 per share from $0.70 per share in the corresponding period last year. Earnings topped expectations. On a reported basis, net income was $771 million or $0.47 per share in Q3, compared to $299 million or $0.18 per share in the prior-year period.

Revenues increased to $6.82 billion in the September quarter from $5.8 billion in the comparable period of fiscal 2023, as the recovery in chip demand continued.

Prior Performance

  • AMD Q2 2024 earnings infographic
  • AMD Q1 2024 earnings infographic

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