AMD said it reported revenue of $6.8 billion, GAAP gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47 for Q3 2024, with the quarter ended September 28, 2024.

1. 01

   AMD said it reported revenue of $6.8 billion, GAAP gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47 for Q3 2024, with the quarter ended September 28, 2024.

2. 02

   The company said Data Center segment revenue for Q3 was $3.5 billion, up 122% year over year and 25% sequentially. It cited the ramp of AMD Instinct GPU shipments and higher EPYC CPU sales as the main drivers.

3. 03

   AMD disclosed that operating cash flow for Q3 was $628 million and free cash flow was $496 million. On a 9-month cumulative basis, operating cash flow was $1,742 million and free cash flow was $1,314 million.

4. 04

   The company said it expects revenue for Q4 2024 of approximately $7.5 billion, plus or minus $300 million, and non-GAAP gross margin of approximately 54%. It said the outlook is based on current expectations and that actual results could differ.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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