gross margin non-GAAP, Q3 FY2024
Advanced Micro Devices, Inc. expects gross margin non-GAAP of 53.5% for Q3 FY2024.
Guided 53.5% on 30 Jul 2024; reported 54% 91 days later; above the range by 0.9%, better than guided.
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- Status
- missed better than guided
- Guided
- 53.5%
- Stated
- 2024-07-30
- Reported
- 54%
- Outcome date
- 2024-10-29
- Days to falsifiable
- 91
- Acknowledged
- no
The guidance
Non-GAAP gross margin is expected to be approximately 53.5%.
8-K 0000002488-24-000121, filed 2024-07-30 View on EDGAR
The outcome
On a non-GAAP(*) basis, gross margin was 54%, operating income was $1.7 billion, net income was $1.5 billion and diluted earnings per share was $0.92.
8-K 0000002488-24-000161, filed 2024-10-29 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-10-02.