Advanced Micro Devices, Inc.

gross margin non-GAAP, Q2 FY2024

Advanced Micro Devices, Inc. expects gross margin non-GAAP of 53% for Q2 FY2024.

Guided 53% on 30 Apr 2024; reported 53% 91 days later; on the guided figure.

01HWP4T500EP0XKSBT1RQ92V03

Status
met
Guided
53%
Stated
2024-04-30
Reported
53%
Outcome date
2024-07-30
Days to falsifiable
91
Acknowledged
no

The guidance

Non-GAAP gross margin is expected to be approximately 53%.

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

The outcome

On a non-GAAP(*) basis, gross margin was 53%, operating income was $1.3 billion, net income was $1.1 billion and diluted earnings per share was $0.69.

8-K 0000002488-24-000121, filed 2024-07-30 View on EDGAR

Review

review: hand-reviewed

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