AMD Q2 2024 Earnings Report
Dr. Lisa Su: "Our AI business continued accelerating and we are well positioned to deliver strong revenue growth in the second half."
• Revenue +9% Y/Y to $5.8B ($120M beat).
• Gross margin 49% (+3pp Y/Y).
• Operating margin 5% (+5pp Y/Y).
• Non-GAAP EPS $0.69 ($0.01 beat).
Q3 FY24 guidance:
• Revenue ~$6.7B ($0.1B beat).
• Revenue +9% Y/Y to $5.8B ($120M beat).
• Gross margin 49% (+3pp Y/Y).
• Operating margin 5% (+5pp Y/Y).
• Non-GAAP EPS $0.69 ($0.01 beat).
Q3 FY24 guidance:
• Revenue ~$6.7B ($0.1B beat).
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