Advanced Micro Devices, Inc.

gross margin non-GAAP, Q1 FY2023

Advanced Micro Devices, Inc. expects gross margin non-GAAP of 50% for Q1 FY2023.

Guided 50% on 31 Jan 2023; reported 50% 91 days later; on the guided figure.

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Status
met
Guided
50%
Stated
2023-01-31
Reported
50%
Outcome date
2023-05-02
Days to falsifiable
91
Acknowledged
no

The guidance

AMD expects non-GAAP gross margin to be approximately 50% in the first quarter of 2023.

8-K 0000002488-23-000007, filed 2023-01-31 View on EDGAR

The outcome

On a non-GAAP(*) basis, gross margin was 50%, operating income was $1.1 billion, net income was $970 million and diluted earnings per share was $0.60.

8-K 0000002488-23-000074, filed 2023-05-02 View on EDGAR

Review

review: hand-reviewed

Reviewed by hand by Navneet on 2026-10-02.