AMD Reports Second Quarter 2024 Financial Results
AMDAMD(AMD) GlobeNewswire News Room·2024-07-31 04:15

SANTA CLARA, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the second quarter of 2024 of 5.8billion,grossmarginof495.8 billion, gross margin of 49%, operating income of 269 million, net income of 265millionanddilutedearningspershareof265 million and diluted earnings per share of 0.16. On a non-GAAP(*) basis, gross margin was 53%, operating income was 1.3billion,netincomewas1.3 billion, net income was 1.1 billion and diluted earnings per share was $0.69. “We delivered strong revenue and earnings growth in the second quarter driven by record Data C ...