gross margin non-GAAP, Q3 FY2022
Advanced Micro Devices, Inc. expects gross margin non-GAAP of 54% for Q3 FY2022.
Guided 54% on 2 Aug 2022; reported 50% 91 days later; below the range by 7.4%, worse than guided.
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- Status
- missed worse than guided
- Guided
- 54%
- Stated
- 2022-08-02
- Reported
- 50%
- Outcome date
- 2022-11-01
- Days to falsifiable
- 91
- Acknowledged
- no
The guidance
AMD expects non-GAAP gross margin to be approximately 54% in the third quarter of 2022.
8-K 0000002488-22-000120, filed 2022-08-02 View on EDGAR
The outcome
On a non-GAAP(*) basis, gross margin was 50%, operating income was $1.3 billion, net income was $1.1 billion and diluted earnings per share was $0.67.
8-K 0000002488-22-000168, filed 2022-11-01 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-10-02.