gross margin non-GAAP, Q3 FY2023
Advanced Micro Devices, Inc. expects gross margin non-GAAP of 51% for Q3 FY2023.
Guided 51% on 1 Aug 2023; reported 51% 91 days later; on the guided figure.
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- Status
- met
- Guided
- 51%
- Stated
- 2023-08-01
- Reported
- 51%
- Outcome date
- 2023-10-31
- Days to falsifiable
- 91
- Acknowledged
- no
The guidance
For the third quarter of 2023, AMD expects revenue to be approximately $5.7 billion, plus or minus $300 million, and expects non-GAAP gross margin to be approximately 51%.
8-K 0000002488-23-000135, filed 2023-08-01 View on EDGAR
The outcome
On a non-GAAP(*) basis, gross margin was 51%, operating income was $1.3 billion, net income was $1.1 billion and diluted earnings per share was $0.70.
8-K 0000002488-23-000192, filed 2023-10-31 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-10-02.