Advanced Micro Devices, Inc.

gross margin non-GAAP, Q1 FY2024

Advanced Micro Devices, Inc. expects gross margin non-GAAP of 52% for Q1 FY2024.

Guided 52% on 30 Jan 2024; reported 52% 91 days later; on the guided figure.

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Status
met
Guided
52%
Stated
2024-01-30
Reported
52%
Outcome date
2024-04-30
Days to falsifiable
91
Acknowledged
no

The guidance

Non-GAAP gross margin is expected to be approximately 52%.

8-K 0000002488-24-000009, filed 2024-01-30 View on EDGAR

The outcome

On a non-GAAP(*) basis, gross margin was 52%, operating income was $1.1 billion, net income was $1.0 billion and diluted earnings per share was $0.62.

8-K 0000002488-24-000054, filed 2024-04-30 View on EDGAR

Review

review: hand-reviewed

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