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Advanced Micro Devices | 10-Q: Q2 2024 Earnings Report

Advanced Micro Devices | 10-Q: Q2 2024 Earnings Report

美国超微公司 | 10-Q:2024财年二季报
美股SEC公告 ·  07/31 16:22

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Advanced Micro Devices (AMD) reported a 9% year-on-year increase in net revenue to $5.8 billion for the quarter ended June 29, 2024. The growth was attributed to a significant rise in Data Center segment revenue, driven by strong sales of AMD Instinct GPUs and 4th Gen AMD EPYC CPUs, and increased Client segment revenue from higher sales of AMD Ryzen processors. However, this was partially offset by declines in Gaming and Embedded segment revenues. Gross margin improved to 49% from 46% in the prior year, while operating income turned positive at $269 million compared to a loss of $20 million in the previous year. Net income saw a substantial increase to $265 million from $27 million year-on-year. The company also generated $593 million in cash from operations during...Show More
Advanced Micro Devices (AMD) reported a 9% year-on-year increase in net revenue to $5.8 billion for the quarter ended June 29, 2024. The growth was attributed to a significant rise in Data Center segment revenue, driven by strong sales of AMD Instinct GPUs and 4th Gen AMD EPYC CPUs, and increased Client segment revenue from higher sales of AMD Ryzen processors. However, this was partially offset by declines in Gaming and Embedded segment revenues. Gross margin improved to 49% from 46% in the prior year, while operating income turned positive at $269 million compared to a loss of $20 million in the previous year. Net income saw a substantial increase to $265 million from $27 million year-on-year. The company also generated $593 million in cash from operations during the quarter and returned $352 million to shareholders through stock repurchases. AMD's cash reserves stood at $5.3 billion after repaying $750 million of debt. The company's business development included the expected acquisition of Silo AI Oy in the second half of fiscal year 2024 and continued focus on AI strategy. AMD anticipates that international sales will remain a significant portion of total sales and is confident that its cash, cash equivalents, and operational cash flows, along with available credit facilities, will sufficiently fund operations for the next 12 months and beyond.
美国超微公司(AMD)报告称,截至2024年6月29日的本季度营业收入净利润为58亿美元,同比增长9%。这一增长归因于数据中心业务营收大幅增长,由AMD Instinct GPU和第四代AMD EPYC CPU的强劲销售推动,以及客户业务营收的增加,主要来源于AMD Ryzen处理器的高销量。不过,这部分增长被游戏和嵌入式业务的营收下降所部分抵消。毛利率从上一年的46%提高到49%,而营业利润从去年的负2,000万美元转正至2,6900万美元。净收入同比大幅增加,从2700万美元增长至2,6500万美元。该公司本季度从业务操作中获得了5,9300万美元的现金,并通过股票回购向股东返还了3,52...展开全部
美国超微公司(AMD)报告称,截至2024年6月29日的本季度营业收入净利润为58亿美元,同比增长9%。这一增长归因于数据中心业务营收大幅增长,由AMD Instinct GPU和第四代AMD EPYC CPU的强劲销售推动,以及客户业务营收的增加,主要来源于AMD Ryzen处理器的高销量。不过,这部分增长被游戏和嵌入式业务的营收下降所部分抵消。毛利率从上一年的46%提高到49%,而营业利润从去年的负2,000万美元转正至2,6900万美元。净收入同比大幅增加,从2700万美元增长至2,6500万美元。该公司本季度从业务操作中获得了5,9300万美元的现金,并通过股票回购向股东返还了3,5200万美元。在偿还7,5000万美元债务后,AMD的现金储备为53亿美元。公司的业务发展包括预计于2024财年下半年收购Silo AI Oy,并继续专注于人工智能策略。AMD预计国际销售将仍然是总销售额的重要组成部分,并且有信心其现金,现金等价物和经营现金流以及可用的信贷设施将足以为未来12个月及以后足够资助运营。
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